Microsemi Gets $12-Million Lockheed Deal
- Share via
SANTA ANA — Microsemi Corp. said Tuesday that it has won a two-year agreement worth more than $12 million to supply Lockheed Martin Co. with a wide array of diode products.
The agreement calls for Microsemi to supply aerospace and military quality components to the entire Lockheed Martin group of defense and satellite companies. The Santa Ana electronic components maker recently completed a similar multiyear agreement under which Lockheed Martin purchased more than $8 million of its products.
Microsemi stock closed at $15.75 Tuesday, up a scant 2 cents for the day in heavy Nasdaq market trading..
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
