Navitas Systems Awarded Major Contract By US Navy

Selected as Provider of Circuit Card Assemblies via $11 Million IDIQ


WOODRIDGE, IL, March 23, 2015 (GLOBE NEWSWIRE) -- Navitas Systems LLC (www.navitassys.com), a leading provider of energy-enabled system solutions, energy storage products, and power electronics for commercial, industrial and government/military customers, has been awarded an Indefinite Delivery, Indefinite Quantity ("IDIQ") contract by the Department of the Navy, Naval Surface Warfare Center (NSWC), Crane Division.

Navitas' award by the Naval Surface Warfare Center to manufacture, test, inspect, package and deliver Circuit Card Assemblies (CCA's) illustrates the company's ability to make complicated mission-critical designs for heavy stress environments. The five-year IDIQ is valued at $11 Million, with a focus on manufacturing and delivering printed circuit boards for weapons systems, including those aboard Navy helicopters and various ground and air activities in support of the United States Navy. Through this IDIQ, Navitas will be the provider of six types of circuit cards.

"As a longstanding supplier to the Navy, we are honored and humbled to have been selected as an awardee by Naval Surface Warfare Center Crane Division to produce these mission-critical components. The quality, cost and lead time of the Navitas solution has helped us achieve this major award from the Crane Division," said Navitas Systems' President Mil Ovan.

With NSWC's expertise in the field of electronic components and sensor systems, they are able to service other agencies and branches of the military including Marine expeditionary units, government intelligence agencies, as well as homeland security.

"With its commitment to supporting the warfighter, Navy Crane's strategic missions directly contribute to fleet readiness and self-supportability, ensuring that systems are reliable and available when needed most," stated Navitas Electronics General Manager Samer ElShafei. "At Navitas we are focused on delivering mission critical components that can maintain integrity during severe duty vibration which the electronics boards must endure, and then tie that to these same robustness requirements we leverage in the design of our battery management system electronics for military, commercial, and industrial customers", ElShafei concluded.

Navitas Systems will be an exhibitor at the upcoming "Buy Indiana" trade show, held at the French Lick Resort & Casino on March 31st, 2015. The Buy Indiana show spotlights products from key suppliers to Navy Crane engineers and purchasing managers.

About Navitas Systems, LLC

Navitas Systems is a leader in integrated design, technology development, and manufacturing of innovative energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers. Navitas Systems products range from customized energy storage solutions for motive, idle-reduction and defense related applications, along with custom renewable energy integrated power systems, to standard products like lithium based lead-acid replacement batteries. Our ruggedized lithium energy storage products are the perfect choice for any high-performance multi-cell battery application that requires lower weight, reduced volume, massively increased cycle life, higher efficiency, and environmental durability.

Navitas is headquartered in a state-of-the-art 100,000 square foot facility in Woodridge, Illinois. In early 2012, the company acquired the Government Solutions Group of lithium battery manufacturer A123 Systems. With this acquired major research facility located in Ann Arbor, Michigan, along with strong local and offshore partners and solid financial stability, Navitas is well positioned to continue serving the energy products and power electronics needs of major worldwide customers.

From advanced R &D, safe/high energy cell design, in-house electronics manufacturing and cable assemblies, to sophisticated battery pack assembly, Navitas Systems is your one-stop shop for comprehensive energy and power electronics solutions. For more information visit www.navitassys.com and follow @Navitas_Systems on Twitter.

A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=31568


            
Navitas Electronics Printed Circuit Board

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