Breeze-Eastern, a Division of TransTechnology Corporation (OTC: TTLG) announced today it was awarded a $1.1 million option to a firm-fixed price contract by Warner Robins ALC for the Air Force Special Operations Forces (AFSOF) for use on their HH60G helicopters.
All work under the contract will be performed at the company’s Union, New Jersey facility, and is to be completed by May 2007. The contract was competitively procured, with two proposals solicited and two offers received.
“Breeze-Eastern’s BL-27100 series Rescue Hoist System is a highly reliable, all-weather operation unit, proven in thousands of flight hours and actual rescue missions. Superior performance, low maintenance requirements and an excellent safety record have made our BL-27100 Rescue Hoist System the most competitive choice for H-60 helicopters dedicated to search and rescue (SAR), special operations forces (SOF), and other military and paramilitary missions,” said Robert L.G. White, President and CEO of TransTechnology Corporation.
TransTechnology Corporation (http://www.transtechnology.com) operating as Breeze-Eastern (http://www.breeze-eastern.com) is the world’s leading designer and manufacturer of sophisticated lifting devices for military and civilian aircraft, including rescue hoists, cargo hooks, and weapons-lifting systems. The company, which employs approximately 180 people at its facility in Union, New Jersey, reported sales from continuing operations of $64.4 million in the fiscal year ended March 31, 2006.
