Anaren, Inc. - ANEN- Profile

Anaren, Inc.. The Group's principal activities are to provide microwave components and assemblies for the wireless and space and defense markets. It operates through two segments: Wireless Segment and Space and Defense Segment. The Wireless segment designs, manufactures and markets commercial products including Xinger components, resistive components, ferrite components and printed wiring boards used by the wireless communications market. The Space and Defense segment manufactures and markets radar countermeasure subsystems and beamforming networks to the radar and satellite communications markets. The Group operates in the United States, Asia Pacific, Europe and Americas. The major customers include Ericsson, Motorola, Nokia, Nortel Networks, and Andrew, and to satellite communications and defense electronics companies such as Boeing Satellite, ITT, Lockheed Martin, Northrup Grumman and Raytheon. Wireless Segment accounted for 63% of fiscal 2006 revenues and Space and Defense Segment, 37%