UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 17, 2014
GIGA-TRONICS INCORPORATED | ||
(Exact name of registrant as specified in its charter) | ||
California |
0-12719 |
94-2656341 |
(State or other jurisdiction of incorporation) |
(Commission File No.) |
(IRS Employer Identification Number) |
4650 Norris Canyon Road, San Ramon, CA |
94583 | |
(Address of principal executive offices) |
(Zip Code) | |
(925) 328-4650 | ||
(Registrant’s telephone number, including area code) | ||
N/A | ||
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition.
On June 17, 2014, Giga-tronics Incorporated announced a $2.4 Million Order from the U.S. Navy for its Model 8003 Precision Scalar Analyzers. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The list of exhibits called for by this Item is incorporated by reference to the exhibit index to this report.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GIGA-TRONICS INCORPORATED | |
Date: June 17, 2014 |
|
By: /s/ STEVEN D. LANCE | |
Steven D. Lance | |
Vice President of Finance, Chief Financial Officer and Secretary |
EXHIBIT INDEX | |
Exhibit No. |
Description |
99.1 |
Press Release dated June 17, 2014 |
EXHIBIT 99.1
NEWS RELEASE
For Release on June 17, 2014 |
Contact: Steven D. Lance |
9:00 AM (ET) |
Vice President of Finance/Chief Financial Officer |
|
slance@gigatronics.com |
|
(925) 302-1056 |
Giga-tronics Receives $2.4 Million Order from the U.S. Navy for its Model 8003 Precision Scalar Analyzers
SAN RAMON, Calif. — June 17, 2014 -- Giga-tronics Incorporated announced today that it has received an order from the Naval Air Warfare Center in Pawtuxet River, MD valued at approximately $2.4 million associated with its Model 8003 Precision Scalar Analyzer. The Company anticipates shipping the equipment to the Navy over the next six months.
The Giga-tronics Model 8003 Precision Scalar Analyzer combines fast measurement capability with the accuracy and linearity of a power meter in a single instrument. John Regazzi, President and CEO of Giga-tronics, said “We are committed to supporting the U.S. Navy’s requirement for high accuracy device calibration and are pleased to be selected as a supplier of critical equipment for their metrology labs.”
Giga-tronics is a publicly held company, traded on the NASDAQ Capital Market under the symbol "GIGA". Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in defense electronics, aeronautics and wireless telecommunications.
This press release contains forward-looking statements concerning profitability, development of products, future growth, shareholder value, backlog and shipments. Actual results may differ significantly due to risks and uncertainties, such as future orders, cancellations or deferrals, disputes over performance, availability of capital and capital resources, the ability to collect receivables and general market conditions. For further discussion, see Giga-tronics' most recent annual report on Form 10-K for the fiscal year ended March 30, 2013, Part I, under the heading "Risk Factors" and Part II, under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations".