Why API Technologies (ATNY) Stock Is Climbing Today

NEW YORK (TheStreet) -- API Technologies (ATNY) shares are up 5.3% to $2.79 on Thursday after the company announced that it received an order to supply the U.S. Defense Department with high power amplifier systems as part of its maritime requirement.

This is the initial order for in a multi-million dollar agreement between the radio frequency subsystem manufacturer and the DOD. First production delivery is set for 2015.

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