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Rarely available designer and manufacturer of Microwave components and subsystems. The company develops and manufactures state-of-the-art thin film technology in VERY SMALL, RUGGED AND COST EFFECTIVE packages. Amplifiers, Mixers, Converters as well as Radar subsystems including Pulse Modulators, Detectors/Limiters, Detector Log Amplifiers and Threshold Detectors are the company`s main products. The company`s products are found in most, if not all, major military contractor`s systems. The company has extensive foreign representation and does business in many European and Asian countries. Customers are, roughly, 45% commercial and 55% military. The company started in 1995 and has been profitable every year. Gross Profit margins are in the 50%-60% area. Estimates of the global market size are about $500 Million military and $1 Billion commercial. The company believes it could SUBSTANTIALY increase market share if it were ISO certified. The owner is the chief design engineer and would like to retire but is willing to stay until the buyer feels comfortable with understanding the design philosophy and manufacturing processes. This is an excellent opportunity to acquire technology at less than the cost of development and with no risk of design failure. ALL DESIGNS ARE METICULOUSLY DOCUMENTED.
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