Breeze-Eastern to Provide Retrieval Winch Systems for the Airbus A400M.UNION, N.J. -- Breeze-Eastern, a division of TransTechnology Corporation (Pink Sheets:TTLG TTLG Through the Looking Glass (book by Lewis Carroll - Alice in Wonderland) TTLG Through the Looking Glass (Looking Glass Studios fansite) ), announced today that it has been selected by AAR Aar, river: see Aare. Cargo Systems ("AAR") to develop and manufacture a minimum of 192 ship sets of Retrieval Winch Systems for the state-of-the-art Airbus A400M This article contains information about a scheduled or anticipated . It may contain preliminary or speculative information, and may not reflect the final version of the aircraft. Military Transport Aircraft. Breeze-Eastern is teaming with AAR, of Livonia, Michigan Livonia is a city located in the northwest part of Wayne County in the U.S. state of Michigan. As of the 2000 census, the city had a total population of 100,545, making it the eighth largest in the state. and Pfalz-Flugzeugwerke GmbH ("PFW PFW Personal Firewall PFW Project Feeder Watch (Cornell University, Ithica, NY) PFW Produced Formation Water (offshore oil and gas processing) PFW Performance Feedback Worksheet PFW Partition Firmware "), of Speyer, Germany on the program. Airbus Military Airbus Military SL (Sociedad Limitada) is a subsidiary of EADS created for the management of the A400M project, taking over from Euroflag. The company was established in January 1999 as the Airbus Military Company SAS. has orders for 192 A400M aircraft from nine (9) governments with deliveries scheduled to begin in calendar 2009. Current projections are for sales of Breeze-Eastern's Parachute Retrieval Winches for the A400M to exceed $20 million through 2020. "We are very pleased to have been selected by AAR to provide the Parachute Retrieval Winch for the A400M," said Robert L.G. White, President and Chief Executive Officer of TransTechnology Corporation. "This order from AAR solidifies Breeze-Eastern's position as a leading winch supplier for the military transport aircraft market." TransTechnology Corporation (http://www.transtechnology.com) operating as Breeze-Eastern (http://www.breeze-eastern.com) is the world's leading designer and manufacturer of sophisticated lifting devices for military and civilian aircraft, including rescue hoists, cargo hooks, and weapons-lifting systems. The company, which employs approximately 180 people at its facility in Union, New Jersey, reported sales of $64.4 million in the fiscal year ended March 31, 2006. AAR Cargo Systems, an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of AAR based in Livonia, Michigan, specializes in the design and manufacture of in-aircraft cargo loading systems and has been at the forefront of innovative cargo handling and logistics systems for commercial and military applications for more than 40 years. More information can be found at www.aarcorp.com. INFORMATION ABOUT FORWARD-LOOKING STATEMENTS Certain statements in this press release constitute "forward-looking statements" within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (the "Acts"). Any statements contained herein that are not statements of historical fact are deemed to be forward-looking statements. The forward-looking statements in this press release are based on current beliefs, estimates and assumptions concerning the operations, future results, and prospects of the Company. As actual operations and results may materially differ from those assumed in forward-looking statements, there is no assurance that forward-looking statements will prove to be accurate. Forward-looking statements are subject to the safe harbors created in the Acts. Any number of factors could affect future operations and results, including, without limitation competition from other companies; changes in applicable laws, rules and regulations affecting the Company in the locations in which it conducts its business; the availability of equity and/or debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay in the amounts and on the terms necessary to support the Company's future business; interest rate trends; the Company's ability to provide a trading venue for its shares; determination by the Company to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use. See also: Dispose or acquire additional assets; general industry and economic conditions; events impacting the U.S. and world financial markets and economies; and those specific risks that are discussed in the Company's previously filed Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended March 31, 2006. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information or future events. |
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