Cade Industries Signs Multi-Year Agreement Valued at $3 Million To Produce Components for Boeing C-17 Globemaster III Airlifter
OKEMOS, Mich., Aug. 20 /PRNewswire/ -- Cade Industries, Inc. (Nasdaq: CADE), a leading supplier of products and services to the aerospace and air transport industries, announced today that it has signed a memorandum of understanding under which it will produce wing tip and dorsal fairings for the Boeing C-17 Globemaster III Airlifter.
The multi-year contract, extending through 2003, is valued at more than $3 million, and brings Cade's backlog to $90.6 million.
Richard Lund, president and chief executive officer, said, "We are pleased to be participating in another important Boeing project. This contract is further recognition that Cade Industries meets the highest quality standards and delivery schedule required by leaders in the aerospace industry."
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