E-SYSTEMS UNIT AWARDED TWO NEW ARMY CONTRACTS
E-SYSTEMS UNIT AWARDED TWO NEW ARMY CONTRACTS DALLAS, Dec. 2 /PRNewswire/ -- Serv-Air, Inc., a wholly owned
subsidiary of E-Systems, Inc. (NYSE: ESY), announced today the award of two new U.S. Army contracts in support of the Rock Island Arsenal located 150 miles southwest of Chicago. Initial value of the contracts is $10.7 million. If all options are exercised over a five year period, the contracts have a potential value of $55 million.
Serv-Air will provide installation, maintenance, and logistical services, along with administration support for this major arsenal component of the U.S. Army's Materiel Command. Serv-Air is a leader in aircraft and logistics programs, operations, and maintenance services, and communications systems integration, test and repair. With general offices in Greenville, Texas, Serv-Air has more than 2600 employees at 75 locations worldwide. E-Systems, is a major worldwide developer and producer of electronic systems and products in the areas of intelligence, reconnaissance and surveillance systems, command and control, electronic warfare, specialized aircraft maintenance and modification, guidance, navigation and control, communications and data systems. -0- 12/2/91 /CONTACT: John E. Kumpf of E-Systems, 214-661-1000/ (ESY) CO: E-Systems ST: Texas IN: ARO SU: CON SM -- NY040 -- 8341 12/02/91 12:07 EST
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|Date:||Dec 2, 1991|
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