FL-KELLSTROM-INDUSTR Inc.SUNRISE Sunrise, city (1990 pop. 64,407), Broward co., SE Fla., a residential suburb 8 mi (13 km) W of Fort Lauderdale; inc. 1961 as Sunrise Golf Village. It is a major office and commercial center and the site of Sawgrass Mills, one of the largest malls in the United States. , 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 :KELL) today announced that it has signed a definitive agreement to acquire Certified See certification. Aircraft Parts, Inc., ("Certified"), a worldwide leader in providing parts, after-market support and logistics for the Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. C-130/L100 rtain customary conditions. Once completedworldwide, comprised of aircraft owners and operators, parts brokers and U.S. and foreign defense related orsales and 10% from specialized aircraft componen impressive business, and we are looking forward to them joining the Kellstrom team. Certified has, over the past 28 years, attained a significant reputation that will addition, the acquisition furthers our expansiont for both strategic alliances with major industry players and substantial growth during the foreseeable fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. future." Kellstrom Industries, Inc. is a leader in the airborne equipment segments of the international aviation services aftRoyce. The engine types serviced and supplied bnal airlines, original equipment manufacturers and engine overhaul shops. The Company, from time to time, may discuss forward-looking information. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements are based on many assumptions and factors, and are subject to many conditions, including the Company's continuing ability to effectively integrate the acquired companies, acquire adequate inventory and to obtain favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. pricing for such inventory, the ability to arrange for the repair of aircraft engines by third-party contractors prior to resale or lease, competitive pricing for the Company's products, customer concentration, demand for the Company's products which depends upon the condition of the airline ition contained in this release, all forward-looking information are estimates by the Company's management and are subject to various risks and uncertainties that may be beyond the Company's control and may cause results to differ from management's current expectations. |
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