Butler National Corp. announces $1.7 million order for aircraft modifications.OLATHE Olathe (ōlā`thē), city (1990 pop. 63,352), seat of Johnson co., NE Kans., suburb of Kansas City; inc. 1858. In an area of livestock farms, Olathe grew markedly in the late 20th cent. , Kan.--(BUSINESS WIRE)--Nov. 6, 1996--Butler National Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BUKS) Wednesday announced that it has received an order at its subsidiary, Avcon Industries Inc., located in Newton, Kan. The order, valued in excess of $1.7 million, involves AVCON FINS fins see frilled. and highly specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. proprietary work related to meteorological me·te·or·ol·o·gy n. The science that deals with the phenomena of the atmosphere, especially weather and weather conditions. [French météorologie, from Greek and military applications. The aircraft are scheduled to have the modifications completed within the next seven months. Avcon started work on this project at one of the Bombardier Aviation Service (Learjet) centers in conjunction with other work being done on the aircraft. Avcon has almost 30 years of experience with these specialized applications. In addition to this contract, Avcon is currently busy with BEECHCRAFT EXTENDED DOOR installations, AVCON FINS and other specialized modification work on several aircraft in Newton. Management Comments: "Avcon continues to enjoy a worldwide reputation for high-quality specialized aircraft modifications A change in the physical characteristics of aircraft, accomplished either by a change in production specifications or by alteration of items already produced. . We have a number of similar proposals pending at this time and we expect to announce additional work of this nature in the coming months. We have stated earlier that we expect Avcon to make a significant contribution to revenue and earnings. We believe that the investment in new products at Avcon will continue to be in the best interest of the Butler National shareholders," commented Clark D. Stewart, president of the company. Our Business: Butler National Corp. operates in the aerospace and services business segments. The Services segment includes food distribution, electronic monitoring of water pumping The pumping of water is a basic and practical technique, far more practical than scooping it up with one's hands or lifting it in a hand-held bucket. This is true whether the water is drawn from a fresh source, moved to a needed location, purified, or used for irrigation, washing, or stations, temporary employee services and plans to include management services for Indian gaming enterprises. Aerospace includes the manufacture of switching equipment for McDonnell-Douglas aircraft and structural modification of business aircraft. CONTACT: Butler National Corp., Olathe Edward J. Matukewicz, 913/780-9595 |
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