Espey Mfg. & Electronics Corp. announces funding award for capital improvements

SARATOGA SPRINGS, N.Y., March 27, 2025 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE:ESP) announces funding award for capital improvements. Espey has been awarded $3.4 million in funding for capital equipment and facility upgrades to enhance domestic industrial capabilities. The funding is part of the U.S. Navy's initiative to strengthen and sustain the domestic U.S. Surface Combatant Industrial Base. The investment will enable Espey to expand its ability to design, manufacture, test, and deliver ...