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Giga-tronics' Microsource Subsidiary Receives Gold Level Boeing Performance Excellence Award

1115 Days ago

DUBLIN, Calif., April 30, 2019 (GLOBE NEWSWIRE) -- Microsource, Inc., a Giga-tronics Company (OTCQB: GIGA) announced that it has received a Boeing Company Performance Excellence Award (BPEA) for 2018.  The Boeing Company issues this award annually in recognition for achieving superior supplier performance.  Boeing maintains more than 12,000 global suppliers and Giga-tronics' Microsource is one of only 82 suppliers to receive a Boeing Performance Excellence Award, “Gold Level” for its Superior Performance in 2018.

John Regazzi, CEO of Giga-tronics, stated, "We are honored to have earned the BPEA from Boeing for our part in supporting its military programs. Our Microsource division personnel have worked hard to assure the unique synthesized YIG tuned filters we deliver are of the highest quality and reliability for these important programs."

Jeff Towne, VP of Operations for Giga-tronics, stated, “We have a corporate culture that strongly emphasizes quality and on-time delivery.  This award validates our commitment to excellence and is a testament to the outstanding work of our team.”

Microsource, Inc., a wholly-owned subsidiary of Giga-tronics Incorporated, has been supplying YIG-based oscillators, filters and synthesizers to numerous aerospace, defense and commercial applications for over 30 years.  Microsource, Inc. is an AS9100D certified company.

Giga-tronics is a publicly held company, traded on the OTCQB Capital Market under the symbol "GIGA". Giga-tronics produces YIG (Yttrium, Iron, Garnet) tuned oscillators, RADAR filters, and microwave synthesizers for use in military defense applications as well as sophisticated test and measurement equipment primarily used in electronic warfare test & emulation applications. 

Contact: Lutz Henckels
Executive Vice President & CFO
(925) 328-4650 ext. 4698

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