CORRECTION TO GRUMMAN TO BID FOR ARMY AVIATION CONTRACT.
/C O R R E C T I O N -- Grumman Corporation/ IN NY083, Grumman to Bid for Army Aviation Contract, moved April 8,
the sixth graph, first line, should read "a subsidiary of Aeronautical Radio Inc.," rather than "American Radio Inc." as originally issued. A corrected version of the release follows.
GRUMMAN TO BID FOR ARMY AVIATION CONTRACT BETHPAGE, N.Y., April 8 /PRNewswire/ -- Grumman Corporation (NYSE: GQ) is leading a team bidding for the Army Communications Electronics Command (CECOM) Engineering, Test and Production Support contract. Grumman is teamed with ARINC Research Corporation of Annapolis, Md. The Grumman Aircraft Systems and Space & Electronics divisions would perform the work. "Systems integration is one of our core businesses, so we have a lot of skills to offer the Army," said Grumman Aircraft Systems division Executive Vice President Robert H. Denien. "In addition, Grumman has made itself highly competitive through its total quality management efforts over the past several years. I think the Grumman-ARINC team offers the Army the best value for its dollar." A number of competitors are vying with the incumbent contractor, American Electronics Lab. The winner is expected to be named in October. The winning team will design, test and produce modification kits for current Army aircraft and helicopters. Work will be done at the Lakehurst, N.J., Naval Weapons Center -- a major aircraft rework facility on the Eastern seaboard which processes aircraft owned by all the military services and other nations. Grumman facilities in Great River, N.Y.; East Benton, Pa.; Salisbury, Md.; and Clarksburg, W.Va., will also be used. Grumman offers the Army experience from similar work at the Navy Pacific Missile Test Facility in Pt. Mugu, Calif., as well as access to its extensive flight test capabilities in Calverton, N.Y. The Calverton facility includes the automated telemetry station, electronic warfare test range and Grumman's flight test zone over the Atlantic. ARINC Research, a subsidiary of Aeronautical Radio Inc., is a growing service company. It specializes in systems engineering and integration for communications, information, test and weapons systems, mainly for the government. Grumman Corporation is best known as a leading international aircraft and aerospace company. Other businesses range from sophisticated integrated information and electronics systems to U.S. Postal Service delivery trucks. Headquartered in Bethpage, Grumman employs 22,800 people. Revenues were $4 billion in 1991. -0- 4/8/92 /CONTACT: John Vosilla of Grumman, 516-575-5119/ (GQ) CO: Grumman Corporation ST: New York, New Jersey IN: ARO SU: CON
SM -- NY081 -- 6907 04/09/92 15:54 EDT
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|Date:||Apr 9, 1992|
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