Lowell, Mass, January 19, 2016 – M/A-COM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products, today announced a teaming agreement that establishes MACOM as Northrop Grumman Corporation’s (NYSE: NOC) exclusive teaming partner for the development and manufacture of radar arrays that use MACOM’s active antenna technology to target a wide range of defense programs and platforms.
Northrop Grumman and MACOM have agreed to collaborate on systems that offer customers increased system performance while also focusing on affordability, and doing so across a number of domains.
“This teaming agreement is a major step towards reducing our active antenna vision to commercial practice, while working with one of the industry’s leading defense prime contractors,” said Jack Kennedy, Senior Vice President and General Manager, Aerospace and Defense, MACOM. “MACOM is honored to support critical defense programs with affordable solutions.”
“This relationship supports our continuing pursuit of advanced radar systems,” said Thomas H. Jones, Sector Vice President and General Manager, Advanced Concepts & Technologies, Northrop Grumman Mission Systems.
For more information about MACOM’s radar technologies, visit www.macom.com/activeantennas
MACOM in ACTIVE ANTENNAS:
MACOM is leading the transition of civil and defense radar and communication systems to active antenna technology. Applying innovative, tile-based architectures and modern, commercial manufacturing practices, MACOM is enabling customers to build affordable and scalable radar systems with rapid time to market.
To learn more about MACOM’s Active Antenna Position, please visit- www.macom.com/activeantennas
Special Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements based on MACOM management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include, among others, information concerning future activities or trends, business strategies, industry conditions, market opportunities and all statements that are not historical facts, and generally may be identified by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "seeks," "should," "will," "would" or similar expressions and the negatives of those terms.
Forward-looking statements contained in this press release reflect MACOM's current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those expressed in any forward-looking statement. Although MACOM believes that the expectations reflected in the forward-looking statements are reasonable, it cannot and does not guarantee future events, results, actions, levels of activity, performance or achievements. The level of future collaboration or resulting business related to this relationship may be less than MACOM presently anticipates, and MACOM may encounter greater than expected difficulty in attempting to reduce its active antenna vision to commercial practice. Readers are cautioned not to place undue reliance on these forward-looking statements. A number of important factors could cause actual results to differ materially from those indicated by the forward-looking statements, including those factors described in "Risk Factors" in MACOM's filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended October 2, 2015 as filed with the SEC on November 24, 2015. MACOM undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
M/A-COM Technology Solutions Holdings, Inc. (www.macom.com) is a leading supplier of high-performance analog RF, microwave, millimeterwave and photonic semiconductor products that enable next-generation Internet and modern battlefield applications. Recognized for its broad catalog portfolio of technologies and products, MACOM serves diverse markets, including high speed optical, satellite, radar, wired and wireless networks, automotive, industrial, medical and mobile devices. A pillar of the semiconductor industry, we thrive on more than 60 years of solving our customers' most complex problems, serving as a true partner for applications ranging from RF to Light.
Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM has design centers and sales offices throughout North America, Europe, Asia and Australia.
MACOM, M/A-COM, M/A-COM Technology Solutions, M/A-COM Tech, Partners in RF & Microwave, The First Name in Microwave and related logos are trademarks of MACOM. All other trademarks are the property of their respective owners.
For more information about MACOM, please visit www.macom.com follow @MACOMtweets on Twitter; join MACOM on LinkedIn, or visit the MACOM YouTube Channel.
DISCLAIMER FOR NEW PRODUCTS:
Any express or implied statements in MACOM product announcements are not meant as warranties or warrantable specifications of any kind. The only warranty MACOM may offer with respect to any product sale is one contained in a written purchase agreement between MACOM and the purchaser concerning such sale and signed by a duly authorized MACOM employee, or, to the extent MACOM's purchase order acknowledgment so indicates, the limited warranty contained in MACOM's standard Terms and Conditions for Quotation or Sale, a copy of which may be found at: www.macom.com/support.
FOR SALES INFORMATION, PLEASE CONTACT:
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M/A-COM Technology Solutions Inc.
+49 (0)89 64913634-11