AMSC Awarded Contract for U.S. Navy Deployable Mine Countermeasure System

April 25, 2023

https://www.globenewswire.com/news-release/2023/04/25/2653813/18367/en/AMSC-Awarded-Contract-for-U-S-Navy-Deployable-Mine-Countermeasure-System.html

AYER, Mass., April 25, 2023 (GLOBE NEWSWIRE) — AMSC (NASDAQ:AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and protect and expand the capability of our Navy’s fleet, today announced it has entered into a delivery contract for approximately $8 million with Textron Systems for a pre-production High-Temperature Superconductor (HTS) Magnetic Influence Mine Countermeasure Payload System.

Read more at globenewswire.com

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