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FLIGHTSAFETY INTERNATIONAL TO BUY McDONNELL DOUGLAS VISUAL SIMULATION SYSTEMS BUSINESS

 ST. LOUIS, Nov. 24 ~PRNewswire~ -- McDonnell Douglas (NYSE: MD) today announced that it has signed a letter of intent for the sale of its Visual Simulation Systems (VSS) business unit to FlightSafety International.
 Terms of the agreement were not disclosed. The sale is subject to negotiation of a purchase agreement and governmental approval in accordance with the provisions of the Hart-Scott-Rodino Act.
 VSS is a leading producer of computer-generated image display systems used in aircraft simulators. The business unit, based in St. Charles, Mo., designs, manufactures, installs and supports the systems. The systems are marketed under the trade name VITAL and MULTIVIEW, principally to commercial customers.
 FlightSafety, headquartered in Flushing, N.Y., provides FAA- approved training to corporate and commercial pilots through advanced aircraft simulators.
 The company is a long-time customer of McDonnell Douglas, having bought a total of 80 VITAL visual systems for its simulators.
 "The sale of VSS to FlightSafety is part of our strategy to concentrate on our principal aerospace businesses, where we are -- or can become -- the No. 1 or No. 2 company worldwide," said Kenneth A. Francis, executive vice president, McDonnell Douglas. "For FlightSafety, the purchase of VSS will allow the company to enhance its leadership in the flight simulation industry."
 VSS for 1991 was profitable on revenues exceeding $40 million. More than 90 percent of its sales have been to commercial customers. The business unit employs approximately 150 people.
 McDonnell Douglas has produced visual simulation systems since 1969 and has installed more than 350 units worldwide. Its customers include about 90 commercial airlines and government customers in the United States and internationally.
 -0- 11~24~92
 ~CONTACT: Barbara Anderson of McDonnell Douglas Corp., 314-233-2865~
 (MD)


CO: McDonnell Douglas Corp. ST: California IN: ARO SU:

EH -- LA018 -- 0939 11~24~92 09:51 EST
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Publication:PR Newswire
Date:Nov 24, 1992
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