October 20, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — API Technologies Corp. (OTCBB: ATNY), a provider of engineered products and services to the global defense sector, said that it has received a new $1 million order for its National Hybrid MIL-STD-1553 transceivers.

According to API, the order will be used by a Fortune 50 company in its line of military avionics equipment and will be manufactured in the company's Pennsylvania facility.

New York-based API Technologies, through its subsidiaries, is a prime contractor in systems, components and secure communications to the global defense and aerospace industry.

API Technologies' customers include the governments of the U.S., Canada, the United Kingdom, NATO and the European Union, as well as various large companies.

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