MTC Awarded $13 Million Potential Value for Modernization and Sustainment Work
September 25 2007 - 7:30AM
PR Newswire (US)
DAYTON, Ohio, Sept. 25 /PRNewswire-FirstCall/ -- MTC Technologies,
Inc. (NASDAQ:MTCT), an industry-recognized provider of aircraft
modernization and sustainment, professional services, C4ISR, and
logistics solutions to the Department of Defense and national
security agencies, announced that the company's subsidiary,
Aerospace Integration Corporation (AIC), was awarded $7.8 million
to modify ARC-231 Radios for CH-47, MC-130, and AC-130 fixed wing
aircraft; a potential $3.2 million will be added later for radio
installation tasks. Another $2 million has been awarded for a
variety of engineering, integration, and modification tasks for
military fixed- and rotary-wing platforms. The work will be
accomplished at AIC's Crestview, Florida and Albertville, Alabama
hangar facilities. "Wonderful news -- we are quite pleased with
these multiple awards," remarked MTC President and Chief Operating
Officer, Mark Brown. "Our AIC employees are a very special breed of
folks that provide specialized sustainment solutions for our
nation's combat search and rescue and special operations forces. We
are proud that our customers continue to recognize their talent."
MTC delivers Warfighter solutions involving systems engineering,
information technology, intelligence, and program management
services primarily to the Department of Defense. Cited by Forbes as
16th of the "25 Fastest Growing Technology Companies-2006," by
Washington Technology as 55th in revenue growth among the "Top 100"
of IT Federal Prime Contractors, and ranked 14th by Aviation Week
& Space Technology as the "Top Performing Small Company," MTC
employs approximately 2,900 people in more than 40 locations. The
company was founded in 1984 and is headquartered in Dayton, Ohio.
For further information on MTC, visit the website at
http://www.mtctechnologies.com/. DATASOURCE: MTC Technologies, Inc.
CONTACT: Investor Relations & Media, Dan Bigelow, Director,
Investor Relations & Corporate Communications, +1-937-252-9199,
; Other Information, Michael Gearhardt, Chief Financial Officer,
+1-937-252-9199, , both of MTC Technologies, Inc. Web site:
http://www.mtctechnologies.com/
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