Flyht finishes deliveries under May deal to L-3 on time
Flyht Aerospace Solutions Ltd (C:FLY) Shares Issued 157,272,268 Last Close 1/21/2014 $0.47 Wednesday January 22 2014 - News Release
Mr. Bill Tempany reports
AFIRS(TM) 228S DELIVERED TO L-3 AVIATION RECORDERS ON SCHEDULE
All deliverables agreed to in the arrangement announced by Flyht Aerospace Solutions Ltd. on May 22, 2012, have been delivered on time, and L-3 is anticipating delivery of 12 AFIRS 228S units by the end of January, 2014, to end-use customers of the product.
Bill Tempany, president and chief executive officer of Flyht, stated: "We are very pleased to have made it to this important juncture for this major program. The support and help that L-3 has given the Flyht team has been greatly appreciated, and we look forward to a long and mutually beneficial relationship with L-3. This milestone delivery of AFIRS is the culmination of 15 years of dedicated efforts for many at Flyht, and I want to thank all who have contributed over the years to this landmark delivery of an exciting product."
The AFIRS 228S program is certified for its aircraft-communications-addressing-and-reporting-system capability over Iridium by both SITA and ARINC, as previously announced. The product has all necessary approvals from Iridium |