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LGL Group Subsidiary Secures Projects With 12 Aerospace Companies

April 22, 2009 (FinancialWire) — MtronPTI, a subsidiary of LGL Group (AMEX: LGL), has announced the securing of active projects with 12 industry leaders in the $10 billion satellite manufacturing market, including Boeing (NYSE: BA) Space Systems, L-3 Communications (NYSE: LLL), Orbital Sciences (NYSE: ORB), Northrop Grumman (NYSE: NOC), Trak Microwave Corp., NEC-Toshiba Space Systems and others.

LGL CEO Robert Zylstra said the deals provide the company with growth opportunities over the next ten years due to expected launching schedules for military and commercial satellites.

LGL introduced ten new products into the military/aerospace/telecommunications markets over the past year. It will participate in the TechAmerica Micro Cap Investors Conference in Monterey, CA, May 3-5.

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