SYPR - Sypris Solutions pops higher on Deep Space program contract

Sypris Electronics, a subsidiary of Sypris Solutions (SYPR), received a follow-on award from a US DoD prime contractor to manufacture and test electronic assemblies for a government spacecraft program.Production is expected to commence in 2021.Agreement terms were not disclosed.The spacecraft is designed to serve as the exploration vehicle that will carry the crew to space, provide emergency abort capability, sustain missions and provide safe re-entry from deep space return velocities.SYPR shares rallied 34.2% higher premarket.

For further details see:

Sypris Solutions pops higher on Deep Space program contract