United Industrial's AAI Corporation Wins $8.6 Million Order from Royal Australian Navy for Training and Support Center Upgrades
16 8월 2007 - 6:00AM
PR Newswire (US)
HUNT VALLEY, Md., Aug. 15 /PRNewswire-FirstCall/ -- United
Industrial Corporation (NYSE:UIC) announced today that its AAI
Corporation subsidiary has received an $8.6 million order from the
Royal Australian Navy to upgrade six On-Board Training (OBT)
systems and two land-based software support centers for the
service's guided missile frigates. AAI has supported the Royal
Australian Navy's OBT initiative since 1999, beginning with the
delivery of six sets of training systems and software support
centers for the service's FFG-class frigates. Under the new award,
AAI will modify the initial systems to meet the ships' latest
inertial navigation and surface to air missile system
configurations. Deliveries will begin in 30 months and extend
through the ensuing four years. The new systems will be
interoperable with the U.S. Navy's Total Ships Training program.
AAI has a number of significant OBT contracts with the U.S. Navy,
including permanently installed on-board Generic Navy
Stimulator/Simulator radar and weapon systems trainers and a
complete family of Carry-On Combat Systems Trainers. "This latest
award expands our strong relationship with the Royal Australian
Navy and is an endorsement of our on-board training technologies
and support structure," said Robert J. Peters, vice president of
AAI's Training Systems. "The fact that the Royal Australian Navy
awarded this contract directly demonstrates the confidence the
service has in AAI." AAI's OBT systems operate over a wide area
network, giving radar and weapon systems operators and tacticians
the ability to practice combat and operational skills on their own
equipment in a common synthetic environment. Skills derived from
on-board training provide "train like you fight" experience and are
directly transferable to real world tactical operations. United
Industrial Corporation designs, produces, and supports aerospace
and defense systems through its wholly owned subsidiary, AAI
Corporation, and AAI Corporation's direct and indirect wholly owned
subsidiaries, AAI Services Corporation, Aerosonde Pty Ltd,
Aerosonde North America Incorporated, ESL Defence Limited,
McTurbine Inc., and Symtx, Inc. Its high-technology products and
services include unmanned aircraft systems, training and simulation
systems, automated aerospace test and maintenance equipment,
armament systems, aviation ground support equipment, logistical and
engineering services, and maintenance, repair, and overhaul
activities. 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 may contain 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, cash flows, and contract awards. These forward-looking
statements are subject to risks and uncertainties, including
without limitation, program cancellations and changes in program
funding, 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: media, Sharon C. Corona,
+1-410-628-3184, , or investors, Stuart F. Gray, +1-410-628-8686, ,
both of AAI Corporation Web site: http://www.unitedindustrial.com/
Company News On-Call: http://www.prnewswire.com/comp/113559.html
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