United Industrial's AAI Services Subsidiary Wins $6.7 Million Contract for Air Force F-22 Raptor Training System
05 2월 2007 - 10:00PM
PR Newswire (US)
HUNT VALLEY, Md., Feb. 5 /PRNewswire-FirstCall/ -- United
Industrial Corporation (NYSE:UIC) announced today that its AAI
Services Corporation subsidiary has received a $6.7 million
contract from The Boeing Company to provide an additional
maintenance training system for U.S. Air Force F-22 Raptor fighter
aircraft. AAI Services will upgrade an existing landing gear
trainer for delivery in October 2008. The company is already under
contract to build a new landing gear trainer and a new armament
trainer, and to enhance an existing armament trainer and an aft
fuselage trainer for the Air Force's newest multi-role tactical
aircraft. Boeing is a primary member of the F-22 Raptor
manufacturing team and is responsible for providing training
systems for the aircraft program. F-22 trainers from AAI Services
are high-fidelity maintenance training simulators used by Air Force
technicians to develop apprentice-level certification skills for
maintaining critical components and systems. The trainers interface
with electronic maintenance tools and aircraft support equipment
used on in-service aircraft, providing high-quality, realistic,
hands-on training. AAI Services will manage the contract and
perform the work at its Training and Simulation Center near
Charleston, South Carolina. Finished systems are scheduled for
delivery to Sheppard Air Force Base, Wichita Falls, Texas. "Our
maintenance training system development team has worked extremely
hard to ensure that F-22 Raptor maintainers have state-of-the-art,
high- fidelity, computer-based simulators on which to develop their
critical skills," said Paul Lavin, president of AAI Services
Corporation. "We've met our objective through outstanding teamwork
with Boeing and the Air Force." Since 1997, AAI Services has grown
from a niche supplier of maintenance trainer modifications to a
leading developer of sophisticated maintenance training devices for
the U.S. Air Force. The new order for F-22 trainers adds further
diversity to AAI Services' roster of high-fidelity maintenance
trainers, which includes 26 C-17 Globemaster III maintenance
trainer systems fielded in a variety of configurations and
locations. United Industrial Corporation designs, produces, and
supports aerospace and defense systems through its wholly owned
subsidiaries AAI Corporation, AAI Services Corporation, Aerosonde
Pty Ltd, ESL Defence Limited, McTurbine Inc., and Symtx, Inc.
Products and services include unmanned aircraft systems, training
and simulation systems, automated aircraft test and maintenance
equipment, armament systems, logistical and engineering services,
and other leading-edge technology solutions for aerospace and
defense needs. For more information, visit
http://www.unitedindustrial.com/ and http://www.aaicorp.com/.
Except for the historical information contained herein, information
set forth in this news release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Words such as "expects," "anticipates," "intends,"
"plans," "believes," "estimates," and variations of such words and
similar expressions that indicate future events and trends are
intended to identify such forward-looking statements, which
include, but are not limited to, projections of revenues, earnings,
segment performance, cash flows, and contract awards. These
forward-looking statements are subject to risks and uncertainties,
which could cause the company's actual results or performance to
differ materially from those expressed or implied in such
statements. The company makes no commitment to update any
forward-looking statement or to disclose any facts, events, or
circumstances after the date hereof that may affect the accuracy of
any forward-looking statement. For additional information about the
company and its various risk factors, please see the company's most
recent annual report on Form 10-K and other documents as filed with
the Securities and Exchange Commission. DATASOURCE: United
Industrial Corporation CONTACT: Stuart F. Gray, +1-410-628-8686, ,
or Media: Sharon C. Corona, +1-410-628-3184, , both of United
Industrial Corporation Web site: http://www.unitedindustrial.com/
Company News On-Call: http://www.prnewswire.com/comp/113559.html
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