AEL SUBSIDIARY WINS $3 MILLION CONTRACT
AEL SUBSIDIARY WINS $3 MILLION CONTRACT LANSDALE, Pa., June 17 /PRNewswire/ -- AEL Industries, Inc.
(NASDAQ-NMS: AELNA) announced today that the Cross Systems Division of AEL Defense Corp. has been awarded a contract for $3 million from Phoenix Air of Cartersville, Ga.
This award is in support of the Contract Training Flight Services (CTFS) Program which provides air-to-air intercept training for fighter aircraft in a simulated enemy jamming environment. Using Learjet aircraft with an electronic warfare suite, CTFS "bogeys" will attempt to penetrate airspace protected by active and National Guard units from Iceland to the Pacific Rim. While much of the training will be one-on- one, giving pilots the opportunity to apply Electronic Counter- Countermeasures (ECCM), CTFS is also expected to play a role in air defense exercises. The contract calls for a total of seven ECM capable aircraft. Cross Systems will provide the electronic warfare suite which contains many improvements over the previous CTFS configuration, and reflects recent improvements in threat self-protection pods. In addition to radar jamming, the Phoenix aircraft will carry communication jamming and chaff laying systems. AEL is a leading supplier of electronic defense systems and subsystems. The company designs and manufactures sophisticated countermeasures, simulation and radar warning receiver systems; installs and integrates electronic and avionic equipment in military aircraft, and provides state-of-the-art antenna, microwave and integrated circuit components. The class A common stock of AEL Industries, Inc. is traded on the NASDAQ National Market System under the symbol AELNA. /delval/ -0- 6/17/92 /CONTACT: Corporate Communications of AEL Industries, 215-822-2929/ (AELN) CO: AEL Industries, Inc.; AEL Defense Corp.; Phoenix Air ST: Pennsylvania, Georgia IN: ARO SU: CON
MK-MP -- PH029 -- 1172 06/17/92 15:12 EDT
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|Date:||Jun 17, 1992|
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