OLATHE, Kan., Feb. 10, 2015 /PRNewswire/ -- Butler National
Corporation (OTC Pink: BUKS), a leading manufacturer and provider
of support systems for commercial and military aircraft and a
recognized provider of management services in diverse business
groups including the gaming industry, announces its Tempe Arizona
Division was awarded a contract for approximately $5 million from Orbital ATK, Inc., Mesa, AZ. (NYSE: OA).
The contract requires manufacturing of the Electronic Gun
Control Products. Orbital ATK developed the Chain-Gun family of
electronically controlled 7.62 mm to 30 mm cannons used on the
Apache Helicopters and other US and Allied countries weapon
systems.
Mr. Clark Stewart, President and
Chief Executive Officer of Butler National Corporation said, "We
are pleased to be awarded the contract from Orbital ATK and perform
the manufacturing under our recently approved AS9100 certification.
We appreciate the Orbital ATK confidence in our operations and
value the Orbital ATK business. We expect the deliveries to start
in fiscal 2015."
Butler's Tempe Arizona segment supplies defense and
commercial aviation products to commercial and defense-oriented
companies. Examples are Gun Control Units for the Apache and
Blackhawk Helicopters and Hangfire Override Modules for Chain-Gun
cannons, and various ordnance related firing controls, cabling and
test equipment.
Our Business:
Butler National Corporation operates in
the Aerospace and Services business segments. It is a leader
in the growing global market for structural modification,
maintenance, repair and overhaul (MRO) and a recognized provider of
management services in diverse business groups. The Aerospace
segment focuses on the manufacturing of support systems for
"Classic" commercial and military aircraft including the Butler
National TSD for the Boeing 737 and 747 Classic aircraft, switching
equipment for Boeing McDonnell Douglas Aircraft, weapon control
systems for Boeing Helicopter and performance enhancement
structural modifications for Learjet, Cessna, Dassault and
Beechcraft business aircraft. Services include temporary
employee services, gaming services and administrative management
services.
Forward-Looking Information:
Statements made in this
report, filed with the Securities and Exchange Commission,
communications to stockholders, press releases, and oral statements
made by representatives of the Company that are not historical in
nature, or that state the Company or management intentions, hopes,
beliefs, expectations or predictions of the future, may constitute
"forward-looking statements" within the meaning of Section 21E of
the Securities and Exchange Act of 1934, as amended (the "Exchange
Act"). Forward-looking statements can often be identified by the
use of forward-looking terminology, such as "could," "should,"
"will," "intended," "continue," "believe," "may," "expect," "hope,"
"anticipate," "goal," "forecast," "plan," "guidance" or "estimate"
or the negative of these words, variations thereof or similar
expressions. Forward-looking statements are not guarantees of
future performance or results. They involve risks, uncertainties,
and assumptions. It is important to note that any such performance
and actual results, financial condition or business, could differ
materially from those expressed in such forward-looking
statements. The forward looking statements in this report are
only predictions and actual events or results may differ
materially. These factors and risks include, but are not
limited to the Cautionary Statements and Risk Factors, filed as
Exhibit 99 and Section 1A to the Company's Annual Report on Form
10-K, incorporated herein by reference. Investors are
specifically referred to such Cautionary Statements and Risk
Factors for discussion of factors, which could affect the Company's
operations, and forward-looking statements contained herein.
FOR MORE
INFORMATION, CONTACT:
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David Drewitz, Public
Relations
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Ph (972)
814-5723
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david@creativeoptionscommunications.com
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www.creativeoptionsmarketing.com
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Butler National
Corporation Investor Relations
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Ph (913)
780-9595
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THE WORLDWIDE WEB:
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www.butlernational.com for pictures of our products and
details about Butler National Corporation and its subsidiaries.
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SOURCE Butler National Corporation