AIRPORT SYSTEMS ANNOUNCES FOUR NAVAID CONTRACTS LOCATIONS INCLUDE UNITED STATES AND INTERNATIONAL SITES.OVERLAND PARK, Kan.--(BUSINESS WIRE)--Oct. 21, 1996--Airport Systems International, Inc. (Nasdaq/NM:ASII) today announced that it has been awarded four contracts valued at approximately $1.5 million for navigational and landing aid equipment for sites both in the United States and internationally. "These four contracts signal a continuation of the positive momentum which has developed in incoming orders for Airport Systems," remarked Keith S. Cowan, president and chief executive officer. "We expect to ship the majority of the navaids covered by these contracts during the Company's third fiscal quarter which ends in January. The international contracts include equipment for Turkey and the Phillippines. We are especially pleased with these awards because of the endorsement they represent for our previous work in each geographic area. Both Turkey and the Phillippines also represent markets which we believe offer attractive potential for additional business. In the United States, the new orders are for equipment at airports in Florida This is a list of airports in Florida (a U.S. state), grouped by type and sorted by location. : List - Notes - See also - References - External links List Descriptions of each column can be found below in the Notes section. and Tennessee." Cowan indicated that the contract for Turkey covers a Model 1100 Instrument Landing Systems (ILS ILS In currencies, this is the abbreviation for the Israeli Shekel. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) and two Model 1150 VHF (Very High Frequency) The range of electromagnetic frequencies from 30 MHz to 300 MHz. Omni-Range (VOR VOR Vestibulo-ocular reflex, see there ) and Model 1118 Distance Measuring Equipment Distance Measuring Equipment (DME) is a transponder-based radio navigation technology that measures distance by timing the propagation delay of VHF or UHF radio signals. (DME). The order from the Philippines consists of spare parts for equipment delivered under a previous contract. The domestic orders are for a localizer/DME to be delivered to Marcos Island, Florida and localizer replacement parts for Maury County, Tennessee Maury County (pronounced Mu-rray) is a county located in the U.S. state of Tennessee. As of 2000, the population was 69,498. Its county seat is Columbia6. Geography According to the U.S. Census Bureau, the county has a total area of 1,594 km² (616 mi²). . Airport Systems International, Inc. designs, manufactures, markets and installs ground-based equipment (navaids) and airfield signage to aid the in-flight navigation and ground movement of aircraft. The Company's products are used worldwide to guide the navigation of aircraft in various phases of a flight and in all visibility conditions. CONTACT: Airport Systems International, Inc., Overland Park Thomas C. Cargin, 913/495-2614 |
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