Aerospace/Defense Newswire
Saab's Capital Markets Day
STOCKHOLM, Sweden-(Business Wire)-September 5, 2008 - Regulatory News: Today, September 5, Saab (STO:SAABB) arranges a Capital Markets Day in Jarfalla, Stockholm. The main topic of the day is civil security. The Capital Markets Day will be hosted by Lars Granlof, Chief Financial Officer. The day...
IHS Acquires Documental Solutions, LLC
ENGLEWOOD, Colo.-(Business Wire)-September 4, 2008 - IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, today announced it has acquired Documental Solutions LLC, a leading provider of market intelligence and analysis tools for the defense and aerospace industry, for...
SPEEA Supports IAM 751 Efforts to Secure a New Contract from Boeing
SEATTLE-(Business Wire)-September 4, 2008 - The union representing engineers, technical and other aerospace professionals at The Boeing Company calls on management to respect the call by Washington Gov. Chris Gregoire to avoid a strike and negotiate a fair contract with the International Association...
Park Electrochemical Corp. Announces New Officers in Charge of Asian and Neltec, Inc. Business Units and Certain North American Operations
MELVILLE, N.Y.-(Business Wire)-September 4, 2008 - Park Electrochemical Corp. (NYSE:PKE) announced the appointment of Patrick Crowley as President of Nelco Products Pte. Ltd., Park's high-technology electronics circuitry materials and advanced composite materials subsidiary located in Singapore. Mr...
LHTEC to Provide Engines for Turkish ATAK Helicopters
INDIANAPOLIS-(Business Wire)-September 4, 2008 - The Turkish Army announced that it has selected the AgustaWestland T129 helicopter, powered by two Light Helicopter Turbine Engine Company (LHTEC) CTS800-4A engines, as part of the Tactical Reconnaissance and Attack Helicopter (ATAK) Program for the...
BAE Systems Receives U.S. Marine Corps Order for 1,320 Headborne Energy Analysis and Diagnostic Systems
PHOENIX-(Business Wire)-September 4, 2008 - BAE Systems has received an order from the U.S. Marine Corps (USMC) for 1,320 Headborne Energy Analysis and Diagnostic Systems (HEADS), a sensor system placed inside helmets that will help scientists analyze and understand the forces that Marines sustain...
Cytec Industries to Present at Credit Suisse Chemical and AG Science Conference
WEST PATERSON, N.J.-(Business Wire)-September 4, 2008 - Cytec Industries Inc. (NYSE:CYT) announced today that David Lilley, Chairman and Chief Executive Officer, will address representatives from investment institutions at the following event. Also in attendance at the conference will be Dave...
Rexnord Names Darryl Mayhorn President, Aerospace Group
MILWAUKEE-(Business Wire)-September 4, 2008 - On August 25, 2008 Rexnord Industries, LLC announced the appointment of Darryl L. Mayhorn as President of its Aerospace Group. The unit supplies high-performance, engineered bearings and mechanical seals to the commercial air transport, regional...
Saab Reduces Outlook for 2008
STOCKHOLM, Sweden-(Business Wire)-September 4, 2008 - Regulatory News: Different factors have had and continue to have an adverse impact on Saab (STO:SAABB), mainly through delays in order intake for major international projects and uncertainties in respect of Swedish defence material spending...
IR Introduces Rugged, Reliable Automotive-Qualified 600V ICs
EL SEGUNDO, Calif.-(Business Wire)-September 4, 2008 - International Rectifier, IR(R) (NYSE: IRF), a world leader in power management technology, today introduced the AUIRS212xS family of rugged 600V, single channel high-side driver ICs for low-, mid-, and high-voltage automotive applications...
CIT Places Order for 10 New Airbus A320 Family Aircraft
NEW YORK-(Business Wire)-September 4, 2008 - CIT Group Inc. (NYSE: CIT), a leading global commercial finance company, today announced that it has exercised options with Airbus for 10 new aircraft worth approximately $756 million at list prices. The order, made on behalf of CIT Aerospace, a unit of...
Infinite Group, Inc. Awarded L3 Vertex Aerospace Contract
PITTSFORD, N.Y.-(Business Wire)-September 4, 2008 - Infinite Group, Inc. (OTCBB: IMCI), today announced that it has been awarded a contract by L3 Vertex Aerospace (L3 Vertex); a subsidiary of L-3 Communications (NYSE: LLL), to support the Office of the Information Technology Director at L3 Vertex...
Overnight Prototypes: A Newly Created Division of Solid Concepts Provides Rigid, White Prototypes in less than 24 Hours -- Literally the Fastest Prototypes on the Planet
VALENCIA, Calif.-(Business Wire)-September 3, 2008 - As a supplier of rapid prototyping, direct digital manufacturing, tooling, and injection molding services, Solid Concepts has expanded its outsourcing services to meet the growing needs of design engineers in a broad spectrum of industries...
Rockwell Collins CEO to Address Morgan Stanley Investor Conference on Sept. 11
CEDAR RAPIDS, Iowa-(Business Wire)-September 3, 2008 - Rockwell Collins, Inc. (NYSE: COL) Chairman, President and CEO Clay Jones will address Morgan Stanley's 2008 Global Industrials CEOs Unplugged Investor Conference in Dana Point, Calif. on September 11, 2008 at 4:05 p.m. EDT. A live audio webcast...
AAAE Energy/Air Service Task Force Issues Report, Recommendations
ALEXANDRIA, Va.-(Business Wire)-September 3, 2008 - The AAAE Energy/Air Service Task Force, nearly 100 airport executives representing airports of all sizes from around the country, has developed for lawmakers and regulators a set of recommendations critical to maintaining necessary levels of air...
CIT Announces 100th Aircraft Financing Milestone with NetJets
NEW YORK-(Business Wire)-September 3, 2008 - CIT Group Inc. (NYSE: CIT), a leading global commercial finance company, today announced that CIT Aerospace, a unit of CIT, has reached a milestone of financing 100 total aircraft, mostly in increments of 1/16th and 1/8th shares, through its fractional...
American Hardware Manufacturers Association Launches International Publication
SCHAUMBURG, Ill.-(Business Wire)-September 2, 2008 - The American Hardware Manufacturers Association (AHMA) announced it will launch an international edition of its successful news publication The Hard Fax: Home Improvement Industry News. The Hard Fax International will launch Monday, September 8th...
Methode Electronics, Inc. to Announce First Quarter Fiscal 2009 Results on Thursday, September 11, 2008
CHICAGO-(Business Wire)-September 2, 2008 - Methode Electronics, Inc. (NYSE:MEI), a global manufacturer of electronic component and subsystem devices and interfaces, will release its first quarter fiscal 2009 results for the period ended August 2, 2008, on Thursday, September 11, 2008 before the...
Microchip Technology to Present at the 2008 Citi Investment Research Technology Conference
CHANDLER, Ariz-(Business Wire)-September 2, 2008 - Microchip Technology Incorporated (NASDAQ:MCHP), a leading provider of microcontroller and analog semiconductors, announced today that the Company will present at the 2008 Citi Investment Research Technology Conference on Thursday, September 4, 2008...
Breeze-Eastern Awarded Sikorsky CH-53K Helicopter Cargo Winch Program
UNION, N.J.-(Business Wire)-September 2, 2008 - Breeze-Eastern Corporation (AMEX:BZC) announced today that it has been selected by Sikorsky Aircraft Corporation to provide the Internal Cargo Winch System for the next generation CH-53K Heavy Lift helicopter Sikorsky is developing for the United...
GageMap Software to be Used in the University of Virginia Rotating Machinery and Controls (ROMAC) Laboratory for Graduate Led Industry Research
SPRING HILL, Tenn.-(Business Wire)-September 2, 2008 - EDAS Inc. has provided use of GageMap software to the University of Virginia School of Engineering and Applied Science Rotating Machinery and Controls (ROMAC) Lab and has joined the ROMAC Consortium. Paul Allaire, professor and director of ROMAC...
BRS Parachute System on Martin Jetpack Personal Flying Machine
SOUTH SAINT PAUL, Minn.-(Business Wire)-September 2, 2008 - Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that it has entered into an agreement with Martin Aircraft Company (www.martinjetpack.com) to provide the...
L-3 Selected to Produce New Outer P-3 Wings for U.S. Navy
NEW YORK-(Business Wire)-September 2, 2008 - L-3 Communications (NYSE: LLL) today announced that its Integrated Systems Group has been awarded a $60.6 million contract to produce new outer wings for U.S. Navy P-3 aircraft. Under the program, L-3 will produce four sets of new wings for the U.S. Navy...
Applied Energetics, Inc. to Present at Kaufman Brother Conference
TUCSON, Ariz.-(Business Wire)-September 2, 2008 - Applied Energetics, Inc., (Nasdaq: AERG), the Guided Energy company, announced that Dana Marshall, Chairman, President and CEO will be presenting at the Kaufman Bros. 11th Annual Investor Conference in New York City on Friday, September 5, 2008, at...
Aerosonic Receives New Order from Boeing
CLEARWATER, Fla.-(Business Wire)-September 2, 2008 - Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced today the Company has received a new order from The Boeing Company to provide Angle of Attack...
August Manufacturing ISM Report On Business(R); PMI at 49.9%; Production Growing; New Orders, Employment and Inventories Contracting; Supplier Deliveries Slowing
TEMPE, Ariz.-(Business Wire)-September 2, 2008 - Economic activity in the manufacturing sector failed to grow in August, while the overall economy grew for the 82nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business(R). The report was issued...
NSF Grant Furthers Geomagic's Work to Transform Product Design & Development
RESEARCH TRIANGLE PARK, N.C.-(Business Wire)-September 2, 2008 - The National Science Foundation has awarded Geomagic a Phase IIB grant to extend research into technologies that will have a profound impact on product design and development. The latest grant comes on the heels of successful Phase I...
New Magnetic Clutches & Couplings Feature No Friction or Wearing Parts
NEW HYDE PARK, N.Y.-(Business Wire)-September 2, 2008 - A new series of magnetic clutches & couplings from Sterling Instrument (an ISO 9001 manufacturer) features no friction or wearing parts, uses no electricity and no magnetic particles to leak. These units, identified as the S90MCC Series...
Digital Angel Receives Special Dividend of $7.2 Million from VeriChip Corporation
SO. ST. PAUL, Minn.-(Business Wire)-September 2, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that it received a special dividend of approximately $7.2 million in cash from VeriChip...
Teradyne, Inc. To Acquire Eagle Test Systems, Inc.
NORTH READING, Mass.-(Business Wire)-September 2, 2008 - Teradyne, Inc. (NYSE:TER) and Eagle Test Systems, Inc. (NASDAQ:EGLT) today announced that they have signed a definitive agreement under which Teradyne will acquire Eagle Test. Teradyne is a world leader in System-On-a-Chip (SOC...
Aonix Ports Deterministic Virtual Machine to PikeOS
SAN DIEGO-(Business Wire)-September 2, 2008 - Aonix(R), the provider of the PERC product line for embedded and real-time Java developers, released PERC Ultra 5.1 cross development and target support on Sysgo's PikeOS 2.2 real-time operating system. PERC Ultra support of the PikeOS POSIX PSE52...
Saab's Divestment of Saab Space Finalized
STOCKHOLM, Sweden-(Business Wire)-September 1, 2008 - Regulatory News: Saab AB (STO:SAABB) divests 100 percent of the shares in Saab Space AB, including its subsidiary Austrian Aerospace, to the Swiss company RUAG Holding AG. All conditions for the divestment, which was announced July 15 2008...
Boeing Risks 787 by Refusing to Deal With Outsourcing Problems, Says SPEEA
SEATTLE-(Business Wire)-August 30, 2008 - The Boeing Company's public acknowledgement that outsourcing is causing problems with the 787 program is lip service until action is taken to correct problems created by a global network of suppliers and inexperienced workers, according to the Society of...
BRS Opens New Corporate Headquarters
SOUTH ST. PAUL, Minn.-(Business Wire)-August 29, 2008 - Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that it has officially accepted the keys to its new Corporate Headquarters building from the City of South St...
Hi-Shear Announces 34% Growth in Revenue During Fiscal Year 2008
TORRANCE, Calif.-(Business Wire)-August 29, 2008 - Hi-Shear Technology Corporation, Torrance, CA (AMEX:HSR) today announced results for its fiscal year ended May 31, 2008. Revenue for the fiscal year grew 34% to $27,628,000 compared to $20,550,000 for the same period last year. Strong customer...
Herley Industries to Present at the Gabelli 14th Annual Aircraft Supplier Conference
LANCASTER, Pa.-(Business Wire)-August 29, 2008 - Herley Industries, Inc. (Nasdaq: HRLY) will be presenting at the Gabelli 14th Annual Aircraft Supplier Conference on September 5, 2008, at the Sofitel Hotel in New York, NY. Myron Levy, Herley's Chairman and CEO, will present an overview of the...
Invitation to Saab Capital Markets Day
STOCKHOLM, Sweden-(Business Wire)-August 29, 2008 - Regulatory News: Welcome to Saab's Capital Markets Day Friday September 5. The main topic of the day is civil security. The market for civil security is growing and Saab (STO:SAABB) is one of the big players in the field. Listen to Gunilla...
Breeze-Eastern Announces Completion of Refinancing
UNION, N.J.-(Business Wire)-August 28, 2008 - Breeze-Eastern Corporation (AMEX:BZC) announced today that it has completed the refinancing of its existing credit facility with a new $33.0 million credit facility provided by PNC Bank, National Association and T.D. Bank, N.A. In addition to allowing...
Supply-Chain World 2009 to Explore Using SCOR and Other Tools to Create and Deliver Greater Supply Chain Value in a Global Business Environment
WASHINGTON-(Business Wire)-August 28, 2008 - Critical strategies for creating and delivering supply chain value—in many instances, using the Supply-Chain Operations Reference model (SCOR(R))—will be explored at the 2009 Supply-Chain World North America Conference & Exposition...
BAE Systems Names Lucy Reilly Fitch Vice President of Corporate Communications
ROCKVILLE, Md.-(Business Wire)-August 28, 2008 - Lucy Reilly Fitch has been named Vice President of Corporate Communications for BAE Systems, Inc. Previously, Lucy was the company's Vice President for Mergers & Acquisitions. "Lucy's selection follows an extensive search process," said Walt P...
Digital Angel to Present at 11th Annual Kaufman Bros. Investor Conference on Friday, September 5
SO. ST. PAUL, Minn.-(Business Wire)-August 28, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that President and Chief Executive Officer Joseph J. Grillo will present at the 11th...
LaBarge, Inc. Reports Record Sales and Earnings for Fiscal 2008 Fourth Quarter and Full Year
ST. LOUIS-(Business Wire)-August 28, 2008 - LaBarge, Inc. (AMEX: LB) today reported financial results for the fiscal 2008 fourth quarter and year ended June 29, 2008. Sales and earnings for the fiscal 2008 three-month and 12-month periods represent record highs for the Company. Fiscal 2008...
BRS Announces Save 214!
SOUTH ST. PAUL, Minn.-(Business Wire)-August 27, 2008 - Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that it was notified of an aircraft accident in Germany on Monday, August 25th, 2008 where its parachute...
Orbital Names Frank Culbertson and Mark Pieczynski to Company's Management Team
DULLES, Va.-(Business Wire)-August 27, 2008 - Orbital Sciences Corporation (NYSE:ORB) has named two experienced executives to fill new roles in its Advanced Programs and Launch Systems Groups' management teams, the company announced today. Mr. Frank L. Culbertson, Jr. has joined the company as...
Orbital Names Mark Pieczynski to Company's Management Team
DULLES, Va.-(Business Wire)-August 27, 2008 - Orbital Sciences Corporation (NYSE:ORB) has named Mr. Mark A. Pieczynski as Vice President of the company's new Southern California Engineering Center in Huntington Beach, CA. In his position, Mr. Pieczynski will oversee the technical support provided to...
CPI Aerostructures Announces $3.6 Million Civil Product Line Contract Award from Sikorsky Aircraft
EDGEWOOD, N.Y.-(Business Wire)-August 27, 2008 - CPI Aerostructures, Inc. ("CPI Aero(R)") (AMEX: CVU) announced today that it has received a contract from Sikorsky Aircraft Corporation valued at $3.6 million for the S-92(R) helicopter. CPI Aero will be providing the forward emergency exit kits...
Virtutech(R) Receives eg3.com 'Editor's Tech Choice Award' in Multicore
SAN JOSE, Calif.-(Business Wire)-August 27, 2008 - Virtutech, Inc., the leader in virtualized software development (VSD) solutions for electronic systems, today announced that its breakthrough hybrid simulation capability, which leverages its proven Simics(R) simulator platform, was awarded an...
Applied Signal Technology, Inc. Announces Third Quarter Operating Results
SUNNYVALE, Calif.-(Business Wire)-August 26, 2008 - Applied Signal Technology, Inc. (NASDAQ:APSG) announced its operating results for the third quarter and first nine months of fiscal year 2008 showing double-digit growth in revenues over the same periods in fiscal 2007. Revenues for the third...
AAI Awarded $11.9 Million Contract for Training Systems to Support National Guard Shadow Tactical Unmanned Aircraft System Units
HUNT VALLEY, Md.-(Business Wire)-August 26, 2008 - AAI Corporation, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that its family of Training Aids, Devices, Simulators, and Simulations (TADSS) has been selected to support training for Army National Guard...
Hertzler Releases New White Paper on Role of Real-Time Data
GOSHEN, Ind.-(Business Wire)-August 26, 2008 - Hertzler Systems Inc. announced today the release of a new white paper on the role of real-time data in improving profitability and customer satisfaction. The white paper is based on independent research by the Aberdeen Group, a Harte-Hanks Company...
Amplification Technologies Unveils World's Top Performing Solid State Photomultiplier in near Infrared Wavelength Range
NEW YORK-(Business Wire)-August 26, 2008 - Amplification Technologies Inc. (ATI, www.amplificationtechnologies.com), announced today the development of the worlds' top performing high gain solid state photomultiplier that operates in the near infrared (NIR) wavelengths of 1000 to 1700 nanometers...
IFS Applications(TM) to Support the UK Defence JAMES Land Project
SCHAUMBURG, Ill.-(Business Wire)-August 26, 2008 - Lockheed Martin has selected IFS Applications(TM) to provide the core software for the JAMES Land (Joint Asset Management Engineering Solution) project for the UK Ministry of Defence. The agreement is the largest license contract that IFS has ever...
InterSky Deploys ILS Optimizer
MEMPHIS, Tenn.-(Business Wire)-August 26, 2008 - Inventory Locator Service(R), LLC (ILS) announced that InterSky, Inc., a leading FAA and EASA approved 145-repair station, has chosen ILS Optimizer(SM) to streamline their repair, inventory and sales operations. InterSky will use ILS Optimizer's...
BAE Systems Receives $43.5 Million Order for Mine Resistant Ambush Protected Vehicles
YORK, Pa.-(Business Wire)-August 26, 2008 - BAE Systems has received a $43.5 million order from the U.S. Marine Corps for 40 RG33 Mine Resistant Ambush Protected (MRAP) vehicles: 36 Special Operations Command (SOCOM) variants, two RG33 MRAP Category II 6x6s, and two Category II Heavy Armored...
Robins Air Force Base Selects DDC-I for AC-130U Software Support
PHOENIX-(Business Wire)-August 26, 2008 - DDC-I, a leading supplier of development tools for safety-critical applications, today announced that is has been selected by the US Air Force Warner Robins Air Logistics Center to assist with the USAF's organic refresh and support effort for the C130's...
United Technologies - Hamilton Sundstrand Selects Concurrent
ATLANTA-(Business Wire)-August 26, 2008 - Concurrent (Nasdaq: CCUR), a worldwide leader in real-time Linux-based computing technologies, today announced that Hamilton Sundstrand's Special Test Equipment group is standardizing on Concurrent's RedHawk real-time Linux operating system and NightStar(TM...
Northrop Grumman Recognizes TriQuint with Strategic Supplier, Innovation Awards
HILLSBORO, Ore. & RICHARDSON, Texas-(Business Wire)-August 26, 2008 - TriQuint Semiconductor (NASDAQ:TQNT), a leading RF front-end product manufacturer and foundry services provider, was recognized by Northrop Grumman Corporation Electronic Systems (NGES) at their 2008 Supplier Conference with...
U.S. Navy Requires Use of TineLok in LCAC Naval Transport Vehicle
HAUPPAUGE, N.Y.-(Business Wire)-August 25, 2008 - Permanent Technologies, Inc. (PERT.PINK) announced that its TineLok Vibration-Proof Fastening System will be specified for use by United States Navy's on their Hovercraft, the Landing Craft, Air Cushion (LCAC). New specification by the Navy...
Aerosonic Announces Management Team Changes
CLEARWATER, Fla.-(Business Wire)-August 25, 2008 - Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced two changes in its management team today. Mr. Thomas W. Cason will be joining the Company as Executive Vice...
Agility DGS Wins Marine Storage Contract
ALEXANDRIA, Va.-(Business Wire)-August 25, 2008 - Agility Defense & Government Services today said its Taos Industries subsidiary won a contract to store, distribute and maintain equipment for the U.S. Marine Corps at 15 bases within the United States and five others around the world. The...
AMETEK Completes Acquisition of Xantrex Programmable Power
PAOLI, Pa.-(Business Wire)-August 25, 2008 - AMETEK, Inc. (NYSE:AME) today announced it has completed the previously announced acquisition of the programmable power business of Xantrex Technology, Inc. (TSX:XTX) for $120 million in cash. Based in San Diego, Xantrex's Programmable Power Division is a...
GenNx360 Capital Partners to Acquire Precision AeroPower
NEW YORK-(Business Wire)-August 25, 2008 - GenNx360 Capital Partners announced today that it has entered into a definitive agreement to acquire Precision AeroPower Group, an integrated provider of precision manufacturing and engineering services for the commercial aerospace, defense, and power...
Astronics Corporation to Present at the Gabelli & Company 14th Annual Aircraft Supplier Conference
EAST AURORA, N.Y.-(Business Wire)-August 25, 2008 - Astronics Corporation (NASDAQ: ATRO), a trusted leader in innovative, high performance lighting, power generation, control and distribution systems for the global aerospace industry, today announced that Peter J. Gundermann, President and CEO...
Rolls-Royce Names New Communications Manager for North American Defense Sector
INDIANAPOLIS-(Business Wire)-August 25, 2008 - Rolls-Royce has appointed Karin Ricketts as Manager, Corporate Communications, responsible for communications support of the company's defense business in North America including Rolls-Royce North America Technologies Inc. - LibertyWorks(R). Each...
ManTech Wins 2008 'R&D 100' Award for its CORIN(TM) XLS, Specialty Polyimide Used in Space Applications
FAIRFAX, Va.-(Business Wire)-August 25, 2008 - ManTech International Corporation (Nasdaq:MANT) announced today that its Colorless Organic/Inorganic Nanocomposite (CORIN) transparent polyimide film, used in space and electronics applications, has been recognized by R&D Magazine as one of the top...
American Science and Engineering, Inc. Receives $22.2 Million Order from the U.S. Government for 22 Z Backscatter Vans
BILLERICA, Mass.-(Business Wire)-August 25, 2008 - American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E(R)), a leader in X-ray detection technology, announced today that the Company has received a $22.2 million order from the U.S. Government for 22 Z Backscatter Vans(TM) (ZBV(TM)) — the...
New Flight Optimization Software Saves Fuel and Mission Time
HUNTSVILLE, Ala.-(Business Wire)-August 25, 2008 - A new software tool that allows pilots to easily adjust altitude settings based on a visual display of wind data is helping aviators to reduce fuel use and mission time. Called Vertical Visual Optimizer (VVO), the software was developed by QinetiQ...
Kubotek USA and Brazil's RCTASK Expand Agreement with SENAI
MARLBOROUGH, Mass.-(Business Wire)-August 25, 2008 - Kubotek USA and its Brazilian partner RCTASK today announced the expansion of licensing and service agreements with SENAI, the National Service for Industrial Apprenticeship for Brazil. Under this expanded agreement, Kubotek has agreed to donate...
LaBarge Receives $1.1 Million Contract from Northrop Grumman for G/ATOR Radar System
ST. LOUIS-(Business Wire)-August 25, 2008 - LaBarge, Inc. (AMEX: LB) has been awarded a $1.1 million contract from Northrop Grumman to provide electronic assemblies for its new Ground/Air Task Oriented Radar (G/ATOR), which consolidates the missions of five Marine Corps radars into a single...
SAAB: The Netherlands Shows Interest in Gripen
STOCKHOLM, Sweden-(Business Wire)-August 25, 2008 - Regulatory News: Saab (STO:SAABB) has today responded to the F16 replacement questionnaire issued by the Dutch Ministry of Defence, offering 85 Gripen NG (Next Generation) to the Royal Netherlands Air Force. The response is an all inclusive package...
Sigma Space Delivers Main Systems for NASA's First Global Hawk Science Instrument
LANHAM, Md.-(Business Wire)-August 25, 2008 - Sigma Space announced today the delivery of the complete opto-mechanical system, electronics, and fuselage structure for NASA's first science instrument to be flown in the Global Hawk platform. The instrument, built under the direction of Dr. Matthew...
Olympic Gold Medalist Joins the Fight to Save Humanity
AUSTIN, Texas-(Business Wire)-August 15, 2008 - Operation Immortality(TM), a project intended to collect and archive the very best of what humanity has accomplished, is creating a digital time capsule of the human race, including messages from people around the world and DNA samples from some of our...
Teledyne Technologies to Present at Investor Events
THOUSAND OAKS, Calif.-(Business Wire)-August 15, 2008 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the Noble Financial Capital Markets 4th Annual Equity Conference on...
Trident Space & Defense Exhibits Latest Solid State Drive Designs at AFCEA/Army LandWarNet 2008
TORRANCE, Calif.-(Business Wire)-August 15, 2008 - Trident Space & Defense, (formerly a division of TRW) will be exhibiting its Triton Series of ruggedized Solid State Drives (SSDs) at the Armed Forced Communications Electronics Association LandWarNet 2008 to be held August 19-21 at the...
CIMTEK Expands Team with Professional Services Director
BOSTON-(Business Wire)-August 15, 2008 - CIMTEK, the leader in quality lifecycle management (QLM) solutions, expanded its management team for the second time this year, naming Alex Bonham as its first director of professional services. With the addition of Bonham, CIMTEK builds out its bench of...
Air Industries Announces Investor Events
BAY SHORE, N.Y.-(Business Wire)-August 15, 2008 - Air Industries Group, Inc. (OTCBB: AIRI) announced today its upcoming investor events: Second Quarter 2008 Financial Results Conference Call The Company will conduct a conference call on Thursday, August 21, 2008, at 9:00 a.m. Eastern Time to...
Teledyne Completes Acquisition of Defense Electronics Business of Filtronic PLC
THOUSAND OAKS, Calif.-(Business Wire)-August 15, 2008 - Teledyne Technologies Incorporated (NYSE: TDY) announced today that its subsidiary, Teledyne Limited, has completed the acquisition of the Defense Electronics business of Filtronic PLC for GBP 13.0 million (approximately $24.3 million). The...
Mitsubishi Electric Successfully Launches Superbird-7, the First Japan-Made Commercial Communications Satellite
TOKYO-(Business Wire)-August 15, 2008 - Mitsubishi Electric Corporation (President and CEO: Setsuhiro Shimomura) announced today it has successfully launched Superbird-7, which is Japan's first domestically produced commercial communications satellite, and the next-generation communications...
BRS Announces Results for Fiscal 2008 Third Quarter
SOUTH SAINT PAUL, Minn.-(Business Wire)-August 14, 2008 - Ballistic Recovery Systems, Inc. (Pink Sheets:BRSI), a manufacturer of whole-aircraft emergency parachute systems, announces results of its fiscal 2008 third quarter ended June 30, 2008. Consolidated net revenue for the third quarter...
LA County Federation of Labor Approves a Request to Strike by Janitors Servicing Top Aerospace and Defense Contractors
LOS ANGELES-(Business Wire)-August 14, 2008 - Today the Los Angeles County Federation of Labor, AFL-CIO approved a strike sanction request by janitors represented by Service Employees International Union (SEIU) Local 1877. The 500 subcontracted janitors whose contract expired on August 7th and...
"DoDAF 2.0 Saves Taxpayers' Money"
NEW YORK-(Business Wire)-August 14, 2008 - Net Centricity is the ultimate goal of the US Military and the release of DoDAF 2.0 is the frame work that will get it there. DoDAF 2.0 (Department of Defense Architectural Framework) will focus further guidance on planning, developing, managing...
Tel Instruments Electronic Corp. Announces First Quarter Results
CARLSTADT, N.J.-(Business Wire)-August 14, 2008 - Tel Instrument Electronics Corp. (AMEX: TIK) announced today its results of operations for the quarter ended June 30, 2008 (fiscal year 2009). -0- *T Three Months Ended...
Sequa Corporation Invitation for Investors to the Second Quarter FY 2008 Earnings and Conference Call
NEW YORK-(Business Wire)-August 14, 2008 - Sequa Corporation will conduct an investor conference call at 9:30am Eastern Time, Friday, August 15, 2008. Sequa's Chief Executive Officer Martin Weinstein and Chief Financial Officer Kenneth Binder will discuss the company's second quarter FY 2008...
Best-Selling Author to Send DNA Into Space
AUSTIN, Texas-(Business Wire)-August 14, 2008 - Operation Immortality(TM), the project to create a digital time capsule of the human race, has joined forces with famed author and game designer Tracy Hickman. Hickman is best known for his work on the Dragonlance novels and the innovative Ravenloft...
Alcoa Leads in Social Responsibility, Innovation and Quality and Corporate Governance in Annual Ranking of 500 Best Companies in Brazil
NEW YORK-(Business Wire)-August 14, 2008 - Alcoa (NYSE:AA) announced today that it has taken top honors in Social Responsibility, Innovation and Quality, and Corporate Governance in the Steel and Metallurgy category in the annual ranking of the 500 best companies published by Dinheiro, Brazil's...
Orbit International's Power Group Receives New Orders Valued at Approximately $1,700,000
HAUPPAUGE, N.Y.-(Business Wire)-August 14, 2008 - Orbit International Corp. (NASDAQ:ORBT), an electronics manufacturer, systems integrator and software solution provider, today announced that its Power Group, Behlman Electronics, Inc. ("Behlman") has received two new contract awards for its Custom...
EMRISE Corporation Rotary Switches Qualified for International Space Station
RANCHO CUCAMONGA, Calif.-(Business Wire)-August 14, 2008 - EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that its Very Low Profile Rotary (VLP(R)) switches have been qualified for space...
BAE Systems Receives $10 Million U.S. Government Contract for Armored Commercial Vehicles
CINCINNATI-(Business Wire)-August 14, 2008 - BAE Systems has received a $10 million contract from the U.S. Government to provide 100 armored commercial vehicles, including armored Chevrolet Suburbans and armored Toyota Land Cruisers. Armored commercial vehicles use many of the same technologies...
FirstFlight Announces Financial Results for Quarter Ended June 30, 2008
ELMIRA/CORNING, N.Y.-(Business Wire)-August 14, 2008 - FirstFlight, Inc. (OTC BB: FFLT) a charter management and aviation services company, today announced its financial results for the three and six months ended June 30, 2008. Revenue for the three months ended June 30, 2008 increased 5.9% to $12.6...
Hexion Specialty Chemicals Reports Second Quarter 2008 Results; Sales Up 14 Percent
COLUMBUS, Ohio-(Business Wire)-August 14, 2008 - Hexion Specialty Chemicals, Inc. today reported its results for the second quarter ended June 30, 2008. Highlights for the second quarter of 2008 include: — Revenues of $1.67 billion in 2008 compared to $1.46 billion during the prior year...
B/E Aerospace, Inc. to Present at Credit Suisse Conference; Confirms Earnings Guidance for 2008-2010; Comments on Revenue and Backlog Outlook
WELLINGTON, Fla.-(Business Wire)-August 14, 2008 - B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and the world's leading distributor of aerospace fasteners, today confirmed its earnings guidance for 2008-2010 and commented on its expectations...
Wireless Telecom Group Announces Second Quarter 2008 Financial Results
PARSIPPANY, N.J.-(Business Wire)-August 13, 2008 - Wireless Telecom Group, Inc. (AMEX: WTT) (the "Company") announced today its results for its second quarter and six months ended June 30, 2008. For the quarter ended June 30, 2008, the Company reported net sales of $13,008,000, compared to...
Barnes Distribution Adds 4,200 Products to Its New Master Catalog
CLEVELAND-(Business Wire)-August 13, 2008 - Barnes Distribution, an international, full-service distributor of maintenance, repair, operating and production supplies and a business of Barnes Group Inc. (NYSE: B), launched its new Master Catalog today, adding more than 4,200 new products to its...
GE to Supply Flight Control, Power Generation Systems to RQ-4 Global Hawk
CINCINNATI-(Business Wire)-August 13, 2008 - GE-Aviation today announced that it is under contract to supply flight control actuation, electrical power generation & control, emergency power and other aircraft systems for use on the RQ-4 'Block 20' Global Hawk unmanned reconnaissance aircraft...
An United States DoD Spending Report: Analysing the Acquisition of Airframe Structural Components, Historical Revenues, Participants and Forecasts
DUBLIN, Ireland-(Business Wire)-August 13, 2008 - Research and Markets 1560 Equipment Aircraft Structural - Companies are grouped into three tiers based upon FSC 1560 revenues over time - Revenues rose sharply from 2001-2002, and have leveled off at close to $2 billion annually from 2003 to 2006...
New Report Examines U.S. DoD Spending on Maintenance and Repair of Aircraft and Aircraft Structural Components
DUBLIN, Ireland-(Business Wire)-August 13, 2008 - Research and Markets - J015: Spending Forecast Rationale - Platform-Specific Opportunity Analysis - J015: Selected DoD Airframe Average Age and Availability Assessment - AH-64 Apache - CH-47 D/F Chinook - CH-46E Sea Knight - CH-53E Super Stallion...
Dynasil Announces Third Quarter 2008 Results
WEST BERLIN, N.J.-(Business Wire)-August 13, 2008 - Dynasil Corporation of America (OTCBB: DYSL.OB), announced the results of operations for its 2008 third quarter ended June 30, 2008. Dynasil is a manufacturer of photonic products including optical materials, components, coatings and specialized...
NASA Selects LIFEPAK(R) 1000 Defibrillator from Physio-Control as First Automated External Defibrillator in Space
REDMOND, Wash.-(Business Wire)-August 13, 2008 - Physio-Control of Redmond, Wash., today announced the LIFEPAK 1000 defibrillator has been deployed on the International Space Station (ISS) as the first automated external defibrillator (AED) in space. AEDs are easy to use devices that automatically...
Braintech Acquires SHAFI Companies in Stock-for-Stock Transaction, Expanding into Multiple Markets
WASHINGTON-(Business Wire)-August 13, 2008 - Braintech Inc. (OTCBB: BRHI) has acquired 100 percent of the ownership of SHAFI Inc. and 80 percent of the ownership of SHAFI Innovation Inc. (together SHAFI). As a result, Braintech will acquire key proprietary assets from SHAFI, providing Braintech with...
TechPrecision Corporation Announces Conference Call to Discuss First Quarter Fiscal 2009 Results
WESTMINSTER, Mass.-(Business Wire)-August 13, 2008 - TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), a leading manufacturer of large-scale, high-precision machined metal fabrications for the alternative energy, medical, nuclear, defense, aerospace and...
New Newsletter Bolsters Intellectual Property Marketing
NAPLES, Fla.-(Business Wire)-August 13, 2008 - The first and only monthly newsletter devoted exclusively to improving the marketing of intellectual property (IP) was launched today by BizWorld, Inc. Each issue of Intellectual Property Marketing Advisor (IPMA) focuses on better marketing of...
New Report Examines the Fundamentals of Safety Management Systems in Aviation
DUBLIN, Ireland-(Business Wire)-August 13, 2008 - Research and Markets have been engaged in SMS for a few years, it's just now emerging in the United States, and is non-existent in most other countries. This timely and unique book covers the essential points of SMS. The knowledgeable authors go...
Innovative Solutions & Support Display Systems Take Flight
EXTON, Pa.-(Business Wire)-August 12, 2008 - Innovative Solutions & Support, Inc. (NASDAQ:ISSC) today announced its Primary Flight Display Systems completed two successful flights in July in modified (K) DC-10s flown by the Royal Netherlands Air Force (RNLAF). The aircrafts are being modified by...
Legacy Technology Holdings, Inc. (LTHO) Announces Completion of Reorganization with World Peace Technologies, Inc.
DENVER-(Business Wire)-August 12, 2008 - LEGACY TECHNOLOGY HOLDINGS, INC. (OTCBB: LTHO) - (formerly known as Life USA, Inc.), announced that it has completed it reverse merger, effective August 5, 2008. As of June 17, 2008, Legacy entered into a Agreement and Plan of Merger under which Legacy...
Meggitt Fluid Controls Names Kevin Wright Group Vice President, Marketing
NORTH HOLLYWOOD, Calif.-(Business Wire)-August 12, 2008 - Meggitt Fluid Controls today announced that Kevin Wright has joined the company as Group Vice President, Marketing. In this newly created position, Wright will integrate marketing initiatives across the Group's five companies, based in the...
Orbital Supporting MEASAT in Replanning Mission Schedule Following Accidental Damage to Spacecraft Caused by Launch Service Provider's Ground Support Equipment
DULLES, Va.-(Business Wire)-August 12, 2008 - Orbital Sciences Corporation (NYSE:ORB) is helping to support its customer, MEASAT Satellite Systems (MSE:MEASAT) in replanning the MEASAT 3a satellite mission following an accident that occurred over the weekend that damaged the spacecraft, the...
CIM USA Launches 2D Data Matrix(TM) Metal Embosser Ideal for Industrial Marking Applications Requiring Automatic Data Collection
MIAMI-(Business Wire)-August 12, 2008 - CIM USA, a leading manufacturer and distributor of a complete line of machines for industrial metal tag and dog tag marking, announces the introduction of the ME2000 DM, a new 2D Data Matrix(TM) Metal Tag Solution. CIM USA is the leading provider of...
Vought Reports Second Quarter 2008 Financial Results
DALLAS-(Business Wire)-August 12, 2008 - Vought Aircraft Industries, Inc.: -0- *T Summary of Financial Results $ in millions Three Months Ended Six Months Ended ———————————&mdash...
Northrop Grumman Selects Wind River for Flight Control and Mission Systems on its X-47B Navy-Unmanned Aerial Combat System
ALAMEDA, Calif.-(Business Wire)-August 12, 2008 - Wind River (NASDAQ:WIND), the global leader in Device Software Optimization (DSO), today announced that Northrop Grumman Corporation has selected Wind River VxWorks 653 as the device software platform for its X-47B Navy-Unmanned Aerial Combat...
CPI Aerostructures Announces 2008 Second Quarter Results; Management Affirms 2008 Guidance and Provides Long-Term Outlook for 2009 Through 2011
EDGEWOOD, N.Y.-(Business Wire)-August 12, 2008 - CPI Aerostructures, Inc. ("CPI Aero(R)") (AMEX: CVU) today announced results for the second quarter and six months ended June 30, 2008. Second Quarter 2008 vs. 2007 — Revenue increased 22% to $9,128,406 from $7,490,669; — Gross margin...
Handyscan 3D Sneak Preview: Creaform shifts to 4D and Pre-Releases the VIUscan(TM) 3D Color Scanner
LOS ANGELES-(Business Wire)-August 12, 2008 - Creaform, developer and manufacturer of the well-known Handyscan 3D line-up of handheld and self-positioning laser scanners, once again pushes the limits of portable 3D scanning and introduces its newest and most innovative product: the VIUscan(TM), a...
DDi Corp. Awarded AS9100 Certification for its Virginia Facility
ANAHEIM, Calif.-(Business Wire)-August 12, 2008 - DDi Corp. (NASDAQ:DDIC), a leading provider of time-critical, technologically-advanced printed circuit board ("PCB") engineering and manufacturing services, today announced that it has received the AS 9100:2004-01 certification for its Virginia...
Ceradyne, Inc. Completes Acquisition of SemEquip, Inc.
COSTA MESA, Calif.-(Business Wire)-August 12, 2008 - Ceradyne, Inc. (Nasdaq: CRDN) announced today the completion of the acquisition of SemEquip, Inc., located in North Billerica, Massachusetts. The purchase price consists of $25 million in cash paid at closing, plus contingent consideration not...
Hyperion Power Generation Lands Initial Set of Customers for the HPM Small, Safe, Transportable Nuclear Power Reactor
LOS ALAMOS, N.M.-(Business Wire)-August 12, 2008 - Hyperion Power Generation's CEO, John R. "Grizz" Deal, announced today that the company has received its first Letter of Intent to purchase the Hyperion Power Module (TM) (HPM), a small, compact, transportable, nuclear power reactor...
American Science and Engineering, Inc. Reports First Quarter Fiscal Year 2009 Results and Declares Quarterly Dividend
BILLERICA, Mass.-(Business Wire)-August 11, 2008 - American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E(R)), today reported its financial results for the first quarter of fiscal year 2009 ended June 30, 2008. The Company reported revenues of $39,494,000 as compared with revenues of...
Nextant Aerospace Announces Pro Line 21 Options
RICHMOND HEIGHTS, Ohio-(Business Wire)-August 11, 2008 - Nextant Aerospace announced today additions to its popular Rockwell Collins Pro Line 21 Beechjet 400A/XP retrofit program. The full list of options allows a wide range of cockpit configurations utilizing one of the most popular avionics suites...
AGY Holding Corp. Announces 2008 Second Quarter Results and Bondholder and Investor Conference Call
AIKEN, S.C.-(Business Wire)-August 11, 2008 - AGY Holding Corp. ("AGY" or the "Company") reports its 2008 second quarter fiscal results. — Second quarter 2008 revenue of $64.1 million reflects a 32% increase over the second quarter of 2007 and an 11% increase over the first quarter of 2008...
LAN Airlines Monthly Statistics Report for July 2008
SANTIAGO, Chile-(Business Wire)-August 11, 2008 - LAN Airlines S.A. and its related companies, ("LAN" or "the Company") (NYSE: LFL / IPSA: LAN), one of the leading airline groups in Latin America, reported its preliminary monthly traffic statistics and punctuality indicators for July 2008. System...
Flight Safety Announces Licensing of Technology from University of Tennessee Research Foundation
MYSTIC, Conn. MYSTIC, Conn.-(Business Wire)-August 11, 2008 - Flight Safety Technologies, Inc. (AMEX:FLT) announced today that on August 7, 2008, it executed a letter of intent with the University of Tennessee Research Foundation (UTRF) for the licensing of patent rights related to atmospheric...
Warm Asian Response to TTEG Technology
DELAND, Fla.-(Business Wire)-August 11, 2008 - Mr. Michael Rouse, CEO of Turbine Truck Engines, Inc. ("TTE") (OTCBB:TTEG), is pleased to announce that the introduction of the company's Detonation Cycle Gas Turbine Engine to Asian automotive manufacturers has been extremely well received. Visionary...
GE Ultrasonic Flaw Detectors Provide Flexible Solution Platform
BILLERICA, Mass.-(Business Wire)-August 11, 2008 - GE Sensing & Inspection Technologies introduces a new family of ultrasonic flaw detectors, providing inspectors with a flexible platform, as inspection needs change. The Phasor family incorporates conventional and phased array ultrasound...
NetCracker Demonstrates Enterprise Infrastructure Management (EIM) Solution at LandWarNet 2008
WALTHAM, Mass.-(Business Wire)-August 11, 2008 - NetCracker Technology will demonstrate its industry-leading EIM solution, that the U.S. Army and Army National Guard have certified and deployed to harness the power of their Network and IT infrastructures. The solution will be demonstrated at the...
Fire Damages Aerosonic's Clearwater Facility
CLEARWATER, Fla.-(Business Wire)-August 11, 2008 - Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced today that this past Friday evening the company sustained significant damage to one of the buildings...
Applied Energetics Reports Second Quarter 2008 Financial Results
TUCSON, Ariz.-(Business Wire)-August 11, 2008 - Applied Energetics, Inc., (Nasdaq: AERG) the Guided Energy(TM) Company, today reported financial results for the second quarter ended June 30, 2008. The Company will host a conference call today, August 11, 2008, at 11:00 a.m. (Eastern Daylight...
SIFCO Industries, Inc. Announces Fiscal 2008 Third Quarter Financial Results
CLEVELAND-(Business Wire)-August 11, 2008 - SIFCO Industries, Inc. (AMEX: SIF) today announced financial results for its fiscal 2008 third quarter, which ended June 30, 2008. Income from continuing operations before income taxes for the third quarter of fiscal 2008 increased to $3.1 million...
SPEEA Demands Boeing Disclose Funding of Executive Pensions
SEATTLE-(Business Wire)-August 11, 2008 - To ensure the pension program relied on by 21,400 technical employees at The Boeing Company is not being secretly used to fund executive retirement benefits, the union representing the employees is demanding the company immediately disclose the extent and...
Qantas Announces A380 Delivery Date
LOS ANGELES-(Business Wire)-August 8, 2008 - Qantas announced that it would take delivery of its first A380 aircraft on September 19, 2008. The airline would welcome its first A380 aircraft into the Qantas fleet at a ceremony at Airbus' Toulouse factory and fly it via Singapore to Sydney where it...
Stratasys to Ship New Direct Digital Manufacturing Machine
MINNEAPOLIS-(Business Wire)-August 8, 2008 - (NASDAQ: SSYS) Stratasys announced it has begun commercial shipment of its new FDM 900mc direct digital manufacturing machine. The company says it has taken a record number of orders for its large-format machines. "We presold 17 units - much more than...
Nortech Systems to Report Second Quarter Results August 13
MINNEAPOLIS-(Business Wire)-August 8, 2008 - Nortech Systems Incorporated (Nasdaq: NSYS) announces a conference call to be held at 10:00 a.m. (CDT) on Thurs., Aug. 14, 2008, to discuss the company's second quarter results, which will be released on Aug. 13. Anyone interested in participating in...
DRS Technologies Declares Quarterly Dividend
PARSIPPANY, N.J.-(Business Wire)-August 8, 2008 - DRS Technologies, Inc. (NYSE: DRS) today announced that its board of directors has declared a quarterly cash dividend of $0.03 per share on the company's common stock. The dividend is payable on September 30, 2008 to stockholders of record as of...
Commercial Fluid Power, a Hybrid Metal Service Center and Fabricator, to Implement Verticent ERP
TAMPA, Fla.-(Business Wire)-August 8, 2008 - Verticent, Inc., a vertically centric developer of enterprise software solutions for metal service centers and metal fabricators, announced today that Commercial Fluid Power will implement the Verticent ERP solution at each of its six plants. Commercial...
MAG Maintenance Technologies Selected by Lockheed Martin for Strategic Global Service Alliance
HEBRON, Ky.-(Business Wire)-August 8, 2008 - MAG Maintenance Technologies (Hebron, KY) has been awarded a unique, broad-reaching purchasing agreement by Lockheed Martin that covers global service and support of manufacturing equipment, enables lean efficiencies and economies, and provides a schedule...
DRS Technologies Reports Record First Quarter Results
PARSIPPANY, N.J.-(Business Wire)-August 8, 2008 - DRS Technologies, Inc. (NYSE: DRS) today reported record financial results for the first quarter of fiscal 2009, which ended June 30, 2008. Results included higher revenues, operating income, net earnings and earnings per share than the same period a...
Air France Industries Selects Anubex to Modernize Software Applications
ANTWERP, Belgium & PARIS-(Business Wire)-August 8, 2008 - Anubex, leader in enterprise application modernization, is pleased to announce it has been awarded a contract to migrate and modernize software used by Air France Industries, the aircraft maintenance division of Air France. The deal is...
UTEK Corporation's TekScout(TM) and the American Physical Society Announce Alliance
TAMPA, Fla. & WASHINGTON-(Business Wire)-August 8, 2008 - UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK), an innovation services company, and the American Physical Society (APS), a professional organization of physicists, today announced an alliance which will bring together UTEK's TekScout service...
Quality Products Announces Results For the Three and Nine Months Ended June 30, 2008
COLUMBUS, Ohio-(Business Wire)-August 7, 2008 - Quality Products, Inc. (Pink Sheets: QPDC), a manufacturer and distributor of aircraft ground support equipment ("Columbus Jack & Regent Manufacturing") and hydraulic press machine tools ("Multipress"), today reported fiscal 2008 third quarter...
U.S. Air Force to License Launch Complex 36 to Space Florida
CAPE CANAVERAL, Fla.-(Business Wire)-August 7, 2008 - A landmark announcement by the U.S. Air Force and the state of Florida today will fundamentally expand the state's position and prominence in aerospace and the space industry in all three key sectors: civil, military and commercial, broadening...
EMRISE Corporation's Pending Acquisition of Advanced Control Components, Inc. Receives New Jersey Environmental Clearance
RANCHO CUCAMONGA, Calif.-(Business Wire)-August 7, 2008 - EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that privately held, Eatontown, N.J.-based Advanced Control Components, Inc...
CPS Technologies Corporation Announces Second Quarter 2008 Results
NORTON, Mass.-(Business Wire)-August 7, 2008 - CPS Technologies Corporation (CPS) (OTC Bulletin Board: CPSH) today announced revenue of $4.5 million and net income of $567 thousand or $0.05 per basic and $0.04 per diluted common share for the fiscal quarter ended June 28, 2008. This compares with...
Atlas Air Worldwide Holdings, Inc. 2Q08 Pretax Income Totals $6.6 Million; Net Income $1.5 Million, $0.07 Per Share
PURCHASE, N.Y.-(Business Wire)-August 7, 2008 - Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo services, today announced operating and financial results for the second quarter of 2008. Results for the quarter reflect continuing strong demand for...
EMRISE Corporation Reports 2008 Second Quarter Financial Results
RANCHO CUCAMONGA, Calif.-(Business Wire)-August 7, 2008 - EMRISE CORPORATION (NYSE Arca:ERI), a multinational designer, manufacturer and marketer of proprietary electronic devices and communications equipment for aerospace, defense, industrial, and communications applications, today announced...
Orbit International Corp. Reports 2008 Second Quarter Results
HAUPPAUGE, N.Y.-(Business Wire)-August 7, 2008 - Orbit International Corp. (NASDAQ:ORBT), an electronics manufacturer, systems integrator and software solution provider, today announced results for the second quarter and six months ended June 30, 2008. The results of operations in the current period...
Innodata Isogen Reports Year-over-Year Revenue Growth in Q2 2008
NEW YORK-(Business Wire)-August 7, 2008 - INNODATA ISOGEN, INC. (NASDAQ: INOD), today announced revenue of $17,870,000 for the second quarter of 2008, up 9% from revenue of $16,347,000 in the second quarter of 2007, but down 3% from revenue of $18,400,000 in the first quarter of 2008. In line with...
Statement by Elon Musk, CEO and CTO, SpaceX
HAWTHORNE, Calif.-(Business Wire)-August 7, 2008 - The following is a statement by Elon Musk, CEO and CTO, SpaceX: Timing is Everything On August 2nd, Falcon 1 executed a picture perfect first stage flight, ultimately reaching an altitude of 217 km, but encountered a problem just after stage...
Kaiser Aluminum Reports Second Quarter 2008 Financial Results
FOOTHILL RANCH, Calif.-(Business Wire)-August 6, 2008 - Kaiser Aluminum Corporation (NASDAQ:KALU) today reported net income of $22.8 million for the second quarter 2008, compared to net income of $34.7 million for the second quarter 2007. Earnings per diluted share were $1.12 and $1.71 for the...
L-3 Selected for Air Force Weapon Systems Support Contract
NEW YORK-(Business Wire)-August 6, 2008 - L-3 Communications (NYSE: LLL) today announced it has been selected as a prime contractor for a U.S. Air Force weapons systems support contract with a maximum value of $6.9 billion. The company was one of 12 prime contractors selected for contracts for the...
Carlisle Companies Announces Management Changes
CHARLOTTE, N.C.-(Business Wire)-August 6, 2008 - Carlisle Companies Incorporated (NYSE:CSL) Chairman, President and CEO, David A. Roberts announced today the appointment of Carol P. Lowe as President of Trail King Industries, Inc., effective November 1, 2008. Trail King Industries, Inc. is...
Hi-Shear Technology Corporation Provides Litigation Update
TORRANCE, Calif.-(Business Wire)-August 6, 2008 - Hi-Shear Technology Corporation (AMEX:HSR) today announced an update to the company's litigation against United Space Alliance. As discussed in the company's most recent Form 10-Q for the quarter ended February 29, 2008, in November 2000, Hi-Shear...
CTS Corporation Declares Quarterly Dividend
ELKHART, Ind.-(Business Wire)-August 6, 2008 - The Board of Directors of CTS Corporation (NYSE: CTS) announced the third quarter dividend of $0.03 per share, payable October 31, 2008, to shareholders of record at the close of business on September 26, 2008. About CTS CTS is a leading designer and...
Thermal Management Analysis and Design Services from Advanced Thermal Solutions Ensure Reliability, Speed Time-to-Market and Reduce Costs
NORWOOD, Mass.-(Business Wire)-August 6, 2008 - Advanced Thermal Solutions, Inc. (ATS), a leading electronics cooling provider, offers comprehensive thermal management analysis and design services tailored to help bring telecommunications, networking, embedded computing and other high performance...
Nextreme Raises $13 Million in Series B Financing
DURHAM, N.C.-(Business Wire)-August 6, 2008 - Nextreme Thermal Solutions, the leader in microscale thermal and power management products for the electronics industry, today announced securing $13 million in Series B financing. The round was led by Chart Venture Partners and included previous...
Compiere Continues Expansion of Open Source ERP Solution with New Business Analytics, Functional and Technical Advancements in Release 3.1
REDWOOD SHORES, Calif.-(Business Wire)-August 6, 2008 - Compiere, Inc., the global leader in open source business solutions, today shipped Compiere 3.1, the company's most substantial update of its enterprise resource planning (ERP) and customer relationship management (CRM) product line. With...
American Science and Engineering, Inc. Receives DHS SAFETY Act Certification for Multiple Products
BILLERICA, Mass.-(Business Wire)-August 6, 2008 - American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E(R)), a leading worldwide supplier of innovative X-ray inspection solutions, announced today that it has received SAFETY (Support Anti-terrorism by Fostering Effective Technology) Act...
CORRECTING and REPLACING Agility Introduces New Imaging Algorithm Implementation Service
PALO ALTO, Calif.-(Business Wire)-August 5, 2008 - In the graph underneath 'Pricing and Availability', the web address should read: http://www.agilityds.com/products/services/image_algorithm.aspx. The corrected release reads: AGILITY INTRODUCES NEW IMAGING ALGORITHM IMPLEMENTATION SERVICE Delivers...
Kongsberg Receives First Orders for the Protector Remote Weapon Stations (CROWS II) for the U.S. Air Force
WASHINGTON-(Business Wire)-August 5, 2008 - Last week, Kongsberg Defence & Aerospace AS was awarded a $28.8 million contract from the U.S. Air Force and the U.S. Army for deliveries of the PROTECTOR Remote Weapon Station (RWS). This is the first time that the Air Force has awarded Kongsberg a...
Carlisle Companies Elects Gregg A. Ostrander to Board of Directors
CHARLOTTE, N.C.-(Business Wire)-August 5, 2008 - Carlisle Companies Incorporated (NYSE:CSL) announced today that Gregg A. Ostrander, Executive Chairman of Michael Foods, Inc., has been elected to its Board of Directors, effective immediately. Michael Foods, Inc. is a national leader in egg...
Marotta Delivers First MPACT(R) to Boeing
MONTVILLE, N.J.-(Business Wire)-August 5, 2008 - Marotta Controls is proud to announce the successful completion of First Article Inspection and Delivery of the MPACT 6000 to The Boeing Company for pneumatic weapon ejection on the P-8A Poseidon. This is the first unit in support of the new MPACT...
Aonix PERC Ultra Supports Latest VxWorks Release
SAN JOSE, Calif.-(Business Wire)-August 5, 2008 - Aonix(R), the provider of the PERC product line for embedded and real-time Java developers, announces the release of PERC Ultra 5.1 cross development and target support on Wind River's VxWorks 6.6 real-time operating system and Wind River Workbench...
Orbital to Open New Southern California Engineering and Technology Center This Fall
DULLES, Va.-(Business Wire)-August 5, 2008 - Orbital Sciences Corporation (NYSE:ORB) is expanding its workforce in the Southern California area with the opening of a new engineering and technology center in the Fall of this year, the company announced today. In order to augment Orbital's launch...
ATS Corporation Schedules Second Quarter 2008 Financial Results Conference Call
MCLEAN, Va.-(Business Wire)-August 5, 2008 - ATS Corporation ("ATSC") (OTCBB:ATCT), will report earnings results for the second quarter of 2008 after the market closes on Thursday, August 7, 2008. ATSC management will host a conference call at 5:00 PM ET, on Thursday, August 7, 2008 to discuss the...
Dr. Ronald E. Sugar to Receive Southern California Aeronautic Association's 2008 Howard Hughes Memorial Award
LOS ANGELES-(Business Wire)-August 5, 2008 - The Southern California Aeronautic Association (SCAA) has selected Dr. Ronald D. Sugar, chairman of the board and chief executive officer of Northrop Grumman Corporation, as its 2008 Howard Hughes Memorial Award recipient. The annual award, to be...
SupplyPro Capital Launches the `EZ Start' Financing Program to Support Point-of-Use Dispensing Strategies in Manufacturing Operations
UPPER SADDLE RIVER, N.J.-(Business Wire)-August 5, 2008 - SupplyPro, Inc. has joined with Somerset Capital Group to form SupplyPro Capital and today launched a new leasing program for industrial vending customers. SupplyPro Capital's "EZ Start" program gives manufacturers the opportunity to...
CPI Aerostructures to Report 2008 Second Quarter Financial Results and Conduct Conference Call on Tuesday, August 12th
EDGEWOOD, N.Y.-(Business Wire)-August 5, 2008 - CPI Aerostructures, Inc. ("CPI Aero(R)") (AMEX: CVU) today announced that it will issue its financial results for the second quarter and six month period ended June 30, 2008 on Tuesday, August 12, 2008 prior to the opening of the stock market. CPI...
PHASE 2 International Opens Pacific Northwest Office to Serve Growing Demand for SaaS
HONOLULU, Hawaii-(Business Wire)-August 5, 2008 - PHASE 2 International (www.phase2int.com) announced today that it is continuing its efforts to grow the business and expand its presence with the opening of a new Seattle-area Pacific Northwest office. The company's success, as evidenced by its...
SpaceX Receives $20 Million Investment from Founder's Fund
HAWTHORNE, Calif.-(Business Wire)-August 5, 2008 - SpaceX, a privately-held space launch services provider, has received a $20 million equity investment from Founders Fund, a leading technology venture capital firm, headquartered in San Francisco. SpaceX joins Founders Fund's existing portfolio...
Update: SkyTerra Communications and Mobile Satellite Ventures Second-Quarter Conference Call
RESTON, Va.-(Business Wire)-August 4, 2008 - SkyTerra Communications, Inc. (OTCBB:SKYT) and its subsidiary Mobile Satellite Ventures LP (MSV) have scheduled its conference call to discuss 2008 second-quarter financial results and other developments for Tuesday, August 5, 2008 at 10:00 a.m. EDT...
Corning Incorporated Subsidiary Signs Agreement to Acquire Optimum Manufacturing Corporation
CORNING, N.Y.-(Business Wire)-August 4, 2008 - Corning Incorporated (NYSE:GLW) announced today that, through a subsidiary, it signed an agreement to acquire Optimum Manufacturing Corporation for inclusion in its Specialty Materials segment. Located in Charlestown, N.H., Optimum is a manufacturer...
Innolume Secures EUR 8.6 Million New Funding to Ramp up Production and Enhance Market Penetration of Quantum Dot Lasers
DORTMUND, Germany & SANTA CLARA, Calif.-(Business Wire)-August 4, 2008 - Innolume, the leading provider of quantum dot (QD) laser diodes and modules covering the 1000 nm to 1320 nm optical spectrum, today announced that it secured a Series C round of financing for EUR 8.6 million. The round...
Carlisle Announces 32nd Consecutive Year of Dividend Increases
CHARLOTTE, N.C.-(Business Wire)-August 4, 2008 - The Board of Directors of Carlisle Companies Incorporated (NYSE:CSL) has declared a regular quarterly dividend of $0.155 per share, payable on September 1, 2008 to shareholders of record at the close of business on August 15, 2008. This marks the 32nd...
Kubotek Announces the Availability of CADKEY Wireframe Silver Edition.
MARLBOROUGH, Mass.-(Business Wire)-August 4, 2008 - Kubotek USA has announced the availability of CADKEY Wireframe Silver Edition to celebrate the 25th anniversary of the award winning CADKEY 2D/3D CAD design and drafting program. "Kubotek USA is very excited about this software," said Bill...
CPI Aerostructures Receives Additional $10 Million in Delivery Orders from the Boeing Company Pursuant to Its Long-Term Requirements Contract
EDGEWOOD, N.Y.-(Business Wire)-August 4, 2008 - CPI Aerostructures, Inc. ("CPI Aero(R)") (AMEX: CVU) announced today that it has been awarded an additional $10 million in delivery orders to provide various assemblies to the Boeing Integrated Defense Systems unit of The Boeing Company ("Boeing") in...
Vought Schedules Second Quarter Earnings Conference Call
DALLAS-(Business Wire)-August 4, 2008 - Vought Aircraft Industries, Inc. today announced it will hold a conference call to discuss the company's second quarter earnings on Tuesday, Aug. 12 at 12 p.m. Central/1 p.m. Eastern time. Interested parties can listen to the call by dialing 888-680-0869...
LaBarge Awarded $3.2 Million Contract from Bell Helicopter for U.S. Marines H-1 Upgrade Program
ST. LOUIS-(Business Wire)-August 4, 2008 - LaBarge, Inc. (AMEX: LB) has received a $3.2 million contract from Bell Helicopter, a Textron Inc. (NYSE: TXT) company, to continue to produce electronic assemblies for the H-1 Upgrade Program for helicopters used by the U.S. Marine Corps. The H-1 Upgrade...
SpaceX Sets August 2 for Falcon 1 launch
HAWTHORNE, Calif.-(Business Wire)-August 2, 2008 - Space Exploration Technologies Corp. (SpaceX) has scheduled the launch of the Falcon 1 Flight 3 mission for Saturday, August 2nd. The launch window will open at 4:00 p.m. (PDT) / 7:00 p.m. (EDT) and remain open for five hours. If launch is delayed...
ADDING MULTIMEDIA SpaceX Conducts Full Thrust Firing of Falcon 9 Rocket
MCGREGOR, Texas-(Business Wire)-August 2, 2008 - Space Exploration Technologies Corp. (SpaceX) conducted the first nine engine firing of its Falcon 9 launch vehicle at its Texas Test Facility outside McGregor on July 30th. A second firing on August 1st completed a major NASA Commercial Orbital...
American Science and Engineering, Inc. Announces Notice of Q1 '09 Results
BILLERICA, Mass.-(Business Wire)-August 1, 2008 - American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E(R)) will announce its first quarter (ended June 30, 2008) results on Monday, August 11, 2008 after the market closes. A copy of the full press release will be issued via e-mail, fax and/or...
SwRI Offers New Configurable Lab Facility to Support Technology Transfers and Production Services
SAN ANTONIO-(Business Wire)-August 1, 2008 - A new configurable lab facility available in the Signal Exploitation and Geolocation Division at Southwest Research Institute will allow for fabrication and testing of a wide variety of engineering models, prototypes and hardware. The flexible facility...
Allegheny Technologies Declares Quarterly Dividend
PITTSBURGH-(Business Wire)-August 1, 2008 - Allegheny Technologies Incorporated (NYSE:ATI) announced today that its Board of Directors declared a quarterly dividend of $0.18 per share of common stock. The dividend is payable on September 9, 2008, to stockholders of record at the close of business on...
CORRECTING AND REPLACING The Conrad Foundation Launches Nationwide
SAN FRANCISCO-(Business Wire)-August 1, 2008 - In the sixth graph, second sentence the URL should read: www.conradfoundation.org (sted www.theconradfoundation.org) The corrected release reads: THE CONRAD FOUNDATION LAUNCHES NATIONWIDE Apollo 12 Astronaut "Pete" Conrad's Dream Becomes a Reality Nancy...
July Manufacturing ISM Report On Business(R); PMI at 50%; Production and Employment Growing; New Orders and Inventories Contracting; Supplier Deliveries Slowing
TEMPE, Ariz.-(Business Wire)-August 1, 2008 - Economic activity in the manufacturing sector was unchanged in July, while the overall economy grew for the 81st consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business(R). The report was issued today by...
FMC Technologies Completes Spin-Off of John Bean Technologies Corporation
HOUSTON-(Business Wire)-August 1, 2008 - FMC Technologies, Inc. (NYSE:FTI) announced that it has completed the spin-off of its FoodTech and Airport Systems businesses into a publicly-traded company named John Bean Technologies Corporation ("JBT"). The spin-off, which was completed on July 31...
Astronics Corporation Reports 15.8% Increase in Sales and 13.3% Growth in Net Income in the Second Quarter of 2008
EAST AURORA, N.Y.-(Business Wire)-August 1, 2008 - Astronics Corporation (NASDAQ: ATRO), a trusted leader in innovative, high performance lighting, power generation, control and distribution systems for the global aerospace industry, today reported sales of $47.9 million in the second quarter of...
Jay A. Nutt Named Controller of FMC Technologies
HOUSTON-(Business Wire)-July 31, 2008 - FMC Technologies, Inc. (NYSE: FTI) announced today that Jay A. Nutt has been named Controller. Mr. Nutt, who currently serves as Assistant Corporate Controller of FMC Technologies, will assume his new position effective August 1. Mr. Nutt began his career with...
Rolls-Royce Explores Future RR500 Turboprop Applications with Mooney Airplane Company
OSHKOSH, Wis.-(Business Wire)-July 31, 2008 - Rolls-Royce announced today that it has signed a Memorandum of Understanding with Mooney Airplane Company to discuss future RR500 TP-powered aircraft applications. The announcement came two days after the company officially launched the RR500 TP at EAA...
Astronics Announces $8 Million Multi-Year M1A2 Abrams Tank Order
EAST AURORA, N.Y.-(Business Wire)-July 31, 2008 - Astronics Corporation (NASDAQ: ATRO), a trusted leader in innovative, high performance lighting, electrical generation, control and distribution systems for the global aerospace industry, announced that it received orders valued at approximately $8...
SAT Corporation Ushers in a New Age of "Mobility in Manufacturing" with the Latest Version of IntelaTrac at Its Annual User Conference IntelaTrac Xchange2008
HOUSTON-(Business Wire)-July 31, 2008 - SAT Corporation announced today that it will showcase IntelaTrac 3.2 and its plans for version 4.0 at IntelaTrac Xchange2008, its 5th annual user group conference, running September 8th -10th at the Intercontinental Hotel in Houston. "Last year's event drew...
FedEx Express Introduces Fuel Efficient Boeing 757 To Aircraft Fleet
MEMPHIS, Tenn.-(Business Wire)-July 31, 2008 - FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world's largest express transportation company, has launched its inaugural revenue flight using a Boeing 757 freighter. The new route provides reliable cargo service between the Memphis...
Breeze-Eastern Reports Fiscal 2009 First Quarter Results
UNION, N.J.-(Business Wire)-July 31, 2008 - Breeze-Eastern Corporation (AMEX:BZC) today reported that net income for the 2009 fiscal first quarter was $765 thousand versus $641 thousand in the prior-year period or $.08 per diluted share compared to $.07 per diluted share in the prior year period...
SPI Lasers Doubles 'Power and Control' to Its Customers with Latest Fiber Lasers
SOUTHAMPTON, England-(Business Wire)-July 31, 2008 - SPI Lasers ("SPI" or "the Company")(LSE:SPIL), a leading designer and manufacturer of fiber lasers, today announced that its latest products will double in power and control capability, enabling customers to cut and weld materials with faster...
IR Names Tim Phillips Vice President, Enterprise Power Business Unit
EL SEGUNDO, Calif.-(Business Wire)-July 31, 2008 - International Rectifier Corporation (NYSE:IRF) today announced the appointment of Tim Phillips as Vice President, Enterprise Power Business Unit, effective immediately. In this role, Phillips will be responsible for product development, systems...
Atlas Air Worldwide Holdings to Report Second-Quarter 2008 Results on Thursday, August 7
PURCHASE, N.Y.-(Business Wire)-July 31, 2008 - Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq: AAWW), a leading provider of global air cargo assets and services, will release results for the second quarter ended June 30, 2008, prior to the opening of stock market trading on Thursday, August 7...
Take a Swing at Unlimited World-Class Golf and Bring the Kids...Orlando World Center Marriott Resort Golf Package is a Big Hit
ORLANDO, Fla.-(Business Wire)-July 31, 2008 - Bring the entire family and take a swing at world-class golf on the 18-hole championship Hawk's Landing Golf Club, located right outside the atrium lobby of the Orlando World Center Marriott Resort. From $249-$409 per room, per night now through...
Kaiser Aluminum Posts August Energy Surcharge
FOOTHILL RANCH, Calif.-(Business Wire)-July 31, 2008 - Kaiser Aluminum (NASDAQ:KALU) today announced that the applicable energy surcharge for August shipments of fabricated products will be: -0- *T 6xxx alloys: $0.048 per pound All other alloys: $0.066 per pound *T The surcharges are based on a...
Teleflex Declares Quarterly Dividend
LIMERICK, Pa.-(Business Wire)-July 30, 2008 - Teleflex Incorporated (NYSE:TFX) announced that its Board of Directors took action to declare a cash dividend of 34 cents ($0.34) per share of common stock. This dividend is payable September 15, 2008 to shareholders of record at the close of business on...
Innovative Solutions & Support, Inc. Announces Financial Results for the Third Quarter Ended June 30, 2008
EXTON, Pa.-(Business Wire)-July 30, 2008 - Innovative Solutions & Support, Inc. (NASDAQ:ISSC) today announced results for the third quarter and nine months ended June 30, 2008. Results for the third quarter show continued progress against the Company's long term objectives with revenues rising...
Development Begins at New Rolls-Royce Aerospace Facility in Virginia
PRINCE GEORGE COUNTY, Va.-(Business Wire)-July 30, 2008 - Development is now underway at the new Rolls-Royce aerospace manufacturing facility located on 1,000 acres of the Crosspointe Center property in Prince George County, Virginia. Clearing of the first 60 acre parcel began on July 21. Once...
Kepner-Tregoe Celebrates 50 Years of Corporate Problem-Solving Innovation
PRINCETON, N.J.-(Business Wire)-July 30, 2008 - Kepner-Tregoe (KT), an international consulting and training services firm, is celebrating its 50th anniversary of bringing innovation to Fortune 1000 companies around the world. Since its beginnings in 1958, KT has pioneered the development of...
Orbital Delivers NASA's IBEX Satellite to Vandenberg Air Force Base for Integration with Pegasus Launch Vehicle
DULLES, Va.-(Business Wire)-July 30, 2008 - Orbital Sciences Corporation (NYSE:ORB) announced today that the Interstellar Boundary Explorer (IBEX) satellite has arrived at Vandenberg Air Force Base (VAFB), CA following the completion of its manufacturing, integration and testing activities at...
VMETRO's VMDRIVE Increases Capacity and Media Options
HOUSTON-(Business Wire)-July 30, 2008 - VMETRO, a leader in high-speed data recording systems and rugged storage devices, today announced the availability of additional new storage alternatives for its VMDRIVE. Available since January 2007, the VMDRIVE 6U VME/cPCI slot storage products now include...
CPI Aerostructures Announces $2 Million Civil Product Line Contract Award from Sikorsky Aircraft
EDGEWOOD, N.Y.-(Business Wire)-July 30, 2008 - CPI Aerostructures, Inc. ("CPI Aero(R)") (AMEX: CVU) announced today that it has received a contract from Sikorsky Aircraft Corporation valued at $2 million for the S-92(R) helicopter. CPI Aero will be providing the trailing edge of the sponson, a piece...
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