Sypris Receives Long-Term, Sole-Source Award From Global Truck OEM
SYPRLOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has entered into a long-term, sole-source agreement with a global truck OEM to supply certain critical components for use in the company’s proprietary advanced automated manual transmission (AMT) for heavy trucks in North America. The parties expect initial deliveries to begin in 2027. The AMT electronically controls the clutch and shifting of the transm
Sypris Wins Contract for Classified Missile Avionics Program
SYPR(NASDAQ:SYPR) TAMPA, Fla.--(BUSINESS WIRE)--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has received a follow-on contract award to manufacture and test advanced electronic power supply modules for integration into the avionics suite of a classified, mission-critical missile program. Production is scheduled to begin in 2026. Terms of the agreement were not disclosed. “This program win underscores our growing presence and commitment to the advanced
Sypris Reports Second Quarter Results
SYPRLOUISVILLE, Ky.--(BUSINESS WIRE)---- $SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its second quarter ended June 29, 2025. HIGHLIGHTS ────────────────────────────────── The Company’s second quarter revenue decreased compared to the prior-year quarter primarily due to the near-term impact of tariffs, which reduced demand from certain transportation-related customers and necessitated the conversion of certain shipments from our facility in Mexico to a value-add only s
Sypris Receives New Award Under Electronic Warfare Program
SYPRTAMPA, Fla.--(BUSINESS WIRE)--Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), today announced it has received a follow-on award to support continued production of critical electronic assemblies first announced in 2022. Under the new order, Sypris will manufacture and test electronic assemblies for an additional four systems to be delivered to a U.S. Department of Defense contractor, with deliveries scheduled to begin in 2026. Terms of the award were not disclo
Sypris Solutions Q1 EPS $(0.04) Up From $(0.10) YoY, Sales $29.51M Down From $35.55M YoY
SYPRSypris Solutions Q4 EPS $0.01 Up From $(0.05) YoY, Sales $33.45M Down From $34.73M YoY
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