MTC Awarded $4.1 Million to Perform International C-130 Aircraft Maintenance
December 24 2007 - 9:00AM
PR Newswire (US)
DAYTON, Ohio, Dec. 24 /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 (DoD) and national
security agencies, announced today it has been awarded a $4.1
million potential value Flexible Acquisition and Sustainment Tool
(FAST) task order to perform programmed depot maintenance on a
Philippine Air Force C-130 Hercules aircraft. The one-year task
order was awarded by the 561st Aircraft Sustainment Squadron, C-130
Technical Coordination Group at Robins Air Force Base, Georgia.
Under the single source. firm fixed price and time and materials
contract, MTC is responsible to complete a depot-level maintenance
cycle that includes equal interval inspections to bring the
aircraft to full operational readiness. As the prime contractor,
MTC will manage the work and provide technical and engineering
support from its Aerospace Integration Division office in Warner
Robins, Georgia. Replacement and overhauled parts will be supplied
by Kellstrom Industries of Miramar, Florida. Asian Aerospace
Corporation, located at Clark International Airport, Republic Of
The Philippines, will perform the hands-on aircraft maintenance.
This program enhances MTC's emergence as a total solution provider
of depot-level maintenance for C-130 aircraft and expands MTC's
current continental U.S. unscheduled depot-level maintenance
capabilities into the international sector. "MTC is honored to be
selected by the U.S. Air Force C-130 Technical Coordination Group
to provide this important depot-level maintenance service.
Completing this programmed depot maintenance activity and returning
the aircraft to operational service will contribute significantly
to the Philippine Air Force's airlift capability. We intend to
provide the best possible maintenance services in the shortest
possible time," said David Mitchell, MTC Executive Vice President
and Director of the MTC Modernization and Sustainment Group. "We
are delighted to be teamed with innovative companies like Asian
Aerospace Corporation and our longtime partner, Kellstrom
Industries, and we are excited about the possibilities of extending
this partnership to other overseas operators of the C-130
Hercules." 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 among the "25 Fastest Growing Technology
Companies - 2006;" by Washington Technology as 55th in revenue
growth among the "Top 100" IT Federal Prime Contractors; and ranked
14th by Aviation Week & Space Technology among the "Top
Performing Companies - 2007," MTC employs approximately 2,750
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: Dan Bigelow, Director,
Investor Relations & Corporate Communications, , or Michael
Gearhardt, Chief Financial Officer, , both of MTC Technologies,
Inc., +1-937-252-9199 Web site: http://www.mtctechnologies.com/
Copyright
Mtc Technologies (MM) (NASDAQ:MTCT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Mtc Technologies (MM) (NASDAQ:MTCT)
Historical Stock Chart
From Dec 2023 to Dec 2024