California Microwave, Inc. is a leading U.S. supplier of satellite earth station and microwave radio infrastructure products and information and collection systems.

California Microwave, Inc. is a leading U.S. supplier of satellite earth station and microwave radio infrastructure products and information and collection systems. The company's mission is to provide radio-based bandwidth solutions to send and receive complex data through the design and manufacture of capital equipment products for public and private communication systems.

The Information Systems Division develops and integrates data communication systems and capabilities for tactical military users. The division integrates ground and airborne electronic systems for military customers and is a provider of Tactical Data Link (TADIL), Ground Information Management Systems (GIS), Mission Planning and Systems Integration/Software Development Services.

Founded in 1968 and traded on the NASDAQ National Market (CMIC) since 1972, California Microwave, Inc. has manufacturing operations in five U.S. states, regional sales and service centers in four countries and dedicated representatives worldwide. All of California Microwave's facilities are certified to the ISO 9001 quality standard.

California Microwave Markets

Point-to-point digital microwave radios for video applications

Point-to-multipoint radios for data telemetry applications

Digital satellite transmission equipment for data, voice, and video applications.

The company's products also address emerging application-specific communication services such as Internet access and multimedia (voice, video, and data) business communications.

After an extensive review of California Microwave's operations, Chief Executive Officer Frederick D. Lawrence, stated:

Elements Key to Strategy California Microwave's new strategy comprises five key, mutually-supporting elements:

A Refocused Growth Business -The company has set stringent criteria for the performance of its operating businesses, and is refocusing its investment into high-growth, commercial markets. Low-growth businesses are being divested, and their value harvested for commercial reinvestment.

A Streamlined Organization -The number of separate divisions is being significantly reduced to achieve greater market focus, improved product development, and lower costs.

International Channel Expansion -A separate international division has been established to develop international channels and rapidly grow international sales.

An Operational Excellence Initiative Focused on Major Cost Reduction -The company has set a goal to achieve 'Earnings Before Interest and Taxes' (EBIT) of 13% or greater, as a percentage of sales within 24 months.

An Acquisitions and Technology Licensing Program -The company has retained investment bankers to help identify and execute acquisitions in the commercial markets, which will add channels, technology and scale to its existing wireless businesses. Target acquisitions may be small add-ons or substantial on-going businesses.