AIRPORT SYSTEMS AWARDED NAVAID CONTRACTS TOTALING $3.7 MILLION.OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan.--(BUSINESS WIRE)--Dec. 19, 1997--Airport Systems International, Inc. (Nasdaq/NM:ASII) today announced that it has been awarded contracts to supply navaids for airport projects in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , North Africa, the Middle East and the United States. The Company indicated that the contracts are valued in total at approximately $3.7 million. Keith S. Cowan, president and chief executive officer, remarked, "These contracts represent work that we will extend into our fiscal 1999 year. The contracts in South America are for five very high frequency omnirange om·ni·range n. A radio network that provides aircraft with complete information on bearings. Also called omnidirectional radio range. Noun 1. systems ("VOR VOR Vestibulo-ocular reflex, see there ") 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. ("DME (Distributed Management Environment) A network monitoring and control protocol defined by the Open Software Foundation (now The Open Group). DME was not widely used. DME - Distributed Management Environment ") for Colombia and four instrument landing systems to be delivered elsewhere in South America. In North Africa and the Middle East, we received contracts to provide two VOR's, two DME's, as well as services and other equipment for Tunisia and a glideslope for Lebanon. In North America, we received orders for DME's for Lake Tahoe and Indianapolis. A hallmark of our progress during the current fiscal year has been a consistent pace of new business both internationally and in the United States. These awards extend that momentum and expand our participation into these important geographic areas." Airport Systems International, Inc. designs, manufactures, markets and installs ground-based equipment (navaids) and airfield signs 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., Kansas Thomas C. Cargin, 913/495-2614 |
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