Merrimac Receives $1.3 Million GPS Satellite Order From Boeing 

WEST CALDWELL, N.J., Jan. 20/Satnews Daily/ ¾ Merrimac Industries, Inc. (AMEX:MRM) said on Wednesday it received an order valued at $1.3 million from Boeing Co. (NYSE:BA) Integrated Defense Systems, Huntington Beach, California, to supply Beamforming Networks and RF/ Microwave signal processing components on Boeing's GPS (Global Positioning System) IIF Satellites.

Boeing exercised its second contract option for Merrimac to provide additional signal processing components on Space Vehicles 7, 8, and 9. Under a contract awarded by the U.S. Air Force, Boeing is currently building the third group of GPS IIF satellites, with a potential total of up to 12 satellites. The order is part of the contract from Boeing estimated to reach $4.4 million that Merrimac announced on September 3, 2003.

Designed for flexibility and growth, the IIF satellites will provide new capabilities, including improved anti-jam, increased accuracy, higher integrity and critical secure Operational Military codes.

Chairman and CEO Mason N. Carter said Merrimac will continue to be a strategic supplier to Boeing on the U.S. Air Force GPS Block IIF, Satellite Program.