- EMCORE (EMKR +1.5%) has been awarded a $4.1M supplement to its long-term Fiber Optic Gyroscope contract with Raytheon Intelligence & Space.
- Under the supplemental contract, EMCORE will supply high-performance FOG modules for use in airborne optical targeting systems.
- EMCORE has delivered over 1,200 units of its custom-designed, closed-loop FOGs to Raytheon Intelligence & Space and expects to deliver the additional units for this add-on contract through February 2022.
- “This supplemental contract with one of our most important customers demonstrates the strength of our partnership with Raytheon Intelligence & Space,” said David Wojciechowski, VP of sales, marketing and business development for EMCORE.