Butler National Corp. announces $2 million contract for monitoring services in Florida.OLATHE, Kan.--(BUSINESS WIRE)--June 29, 1995--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) today, announced that its Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla., subsidiary, Butler National Services Inc., was awarded a contract by the City of Plantation Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. , Fla., for wastewater pumping station monitoring services The general surveillance of known air traffic movements by reference to a radar scope presentation or other means, for the purpose of passing advisory information concerning conflicting traffic or providing navigational assistance. . The four-year contract runs through June 30, 1999, with renewal options for two additional years. The service contract charges are estimated at $525,000 per year, or $2 million for the four years. This is one of the largest contracts ever awarded to Butler National Services Inc. Jon Fischrupp, president of Butler National Services Inc., anticipates that this agreement will continue to generate good profit margins for Butler National and contribute to a record year for the monitoring services segment. Management Comments: Clark D. Stewart, president of Butler National, commented: "We are pleased and proud to announce that Butler National Services Inc., continues to be recognized as a provider of excellent service to the City of Plantation. This new contract is a continuation of the quality relationship established by Butler National over the past years and establishes the basis for many future years of service. This contract should allow Butler National Services Inc. to make a significant contribution to a record 1996 fiscal year for Butler National." 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, Indian gaming services and administrative management services. Aerospace includes the manufacture of airborne electronic switching equipment for McDonnell Douglas McDonnell Douglas was a major American aerospace manufacturer and defense contractor, producing a number of famous commercial and military aircraft. It merged with Boeing in 1997 to form The Boeing Company. and structural modification of business aircraft. CONTACT: Butler National Corp., Olathe Edward J. Matukewicz, 913/780-9595 KEYWORD; KANSAS INDUSTRY KEYWORD: ENMED ENVIRONMENT AEROSPACE REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or |
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