Espey Mfg. & Electronics Corp. (Espey) manufactures electronic equipment used primarily in military and industrial applications. The principal markets for the company's products are companies that provide electronic support to both military and industrial applications across the United States and at some international locations.
The company is a power electronics design and original equipment manufacturing (OEM) company with a long history of developing and delivering highly reliable products f...
Espey Mfg. & Electronics Corp. (Espey) manufactures electronic equipment used primarily in military and industrial applications. The principal markets for the company's products are companies that provide electronic support to both military and industrial applications across the United States and at some international locations.
The company is a power electronics design and original equipment manufacturing (OEM) company with a long history of developing and delivering highly reliable products for use in military and severe environment applications. Design, manufacturing, and testing is performed in the company’s 150,000+ square foot facility located at 233 Ballston Ave., Saratoga Springs, New York.
The company’s primary products are power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power.
Espey services include design and development to specification, build to specifications provided by the customer ‘build to print’, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment. Espey is vertically integrated, meaning that the company produces individual components (including inductors), populates printed circuit boards, fabricates metalwork, paints, wires, qualifies, and fully tests items, mechanically, electrically and environmentally, in house. Portions of the manufacturing and testing process are subcontracted to vendors from time to time.
Marketing
The company markets its products primarily through its own direct sales organization and through outside sales representatives. Business is solicited from large industrial manufacturers and defense companies, the government of the United States, foreign governments and major foreign electronic equipment companies. Espey is also on the eligible list of contractors with the United States Department of Defense. The company pursues opportunities for prime contracts directly with the Department of Defense and are generally automatically solicited by Department of Defense procurement agencies for their needs falling within the major classes of products produced by the company. Espey contracts with the Federal Government under cage code 20950 as Espey Mfg. & Electronics Corp.
Research and Development
The company's expenditures for research related activities were approximately $86,714 in fiscal year 2024.
U.S. Government Defense Contracts and Subcontracts
Some of the company’s contracts are governed by the Federal Acquisition Regulation (FAR), which lays out uniform policies and procedures for acquiring goods and services by the U.S. Government, and agency-specific acquisition regulations that implement or supplement the FAR. For example, the Department of Defense implements the FAR through the Defense Federal Acquisition Regulation (DFAR).
History
Espey Mfg. & Electronics Corp. was founded in 1928. The company was incorporated in 1928.