# Sypris awarded long-term contract extension with global truck OEM

Sypris Technologies has entered into a long-term, sole-source extension to its current supply agreement with one of the world's largest commercial vehicle manufacturers to supply Ultra Axle Shafts for medium and heavy-duty trucks. The agreement is effective immediately and represents over 25 years of continuous supply.

- Type: Contract
- Announced: 2024-07-17
- Where: United States
- Status: completed
- Products: Ultra Axle Shafts, drivetrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sypris Technologies](https://endata.com/companies/3335.md) (partner)
- [Sypris Technologies](https://endata.com/companies/3335.md) (supplier)

## Sources

- [ir.sypris.com](https://ir.sypris.com/news-releases/news-release-details/sypris-awarded-long-term-contract-extension-global-truck-oem), 2024-07-17: "We are pleased to enter into the next chapter of our strategic relationship with this important customer."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.