AIRPORT SYSTEMS AWARDED CONTRACT TO SUPPLY INSTRUMENT LANDING SYSTEM AT CONCORD, NORTH CAROLINA AIRPORT; MARKS FIFTH AIRPORT INSTALLATION IN STATE.OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 23, 1995--Airport Systems International, Inc. (Nasdaq/NM:ASII) today announced that the City of Concord, North Carolina Concord (kän-kord) is a city in the U.S. state of North Carolina. As of the 2000 census, the city had a total population of 55,977. It is the county seat of Cabarrus CountyGR6 and a winner of the All-America City Award in 2004. , has selected the Company to deliver, install and commission an Instrument Landing System ("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. ") composed of a localizer A directional radio beacon which provides to an aircraft an indication of its lateral position relative to a predetermined final approach course. See also instrument landing system. , glideslope and 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. . The contract, valued at approximately $350,000, is for Concord Regional Airport Concord Regional Airport (ICAO: KJQF, FAA LID: JQF) is a public airport located seven miles (11 km) west of the central business district (CBD) of Concord, a city in Cabarrus County, North Carolina, USA. , the newest airport in North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. . Airport Systems has installed similar systems at four other airports in the state (Hickory, Monroe, Roxboro and Statesville). "We expect to complete the terms of the contract within the next 90 days," remarked Mike Warner, Vice President-Business Development. "This award highlights the cost and time savings an airport authority can generate by working with Airport Systems. We were successful in demonstrating to the city that the alternative of working through the Federal government's procurement process meant a system almost double the cost with a delivery schedule extending well into the second half of 1995." 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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