Astro-Med Awarded $1.4 Million Boeing C-17 Aircraft Contract for Ruggedized Cockpit Printers and Ethernet Switches
Astro-Med, Inc. (NASDAQ: ALOT), announced today that it has been awarded a contract for additional cockpit printers and Ethernet switches used on the C-17 Globemaster III military transport aircraft. The contract was placed by Boeing Defense, Space & Security, Long Beach, CA, and will generate approximately $1.4 million in revenues for Astro-Med during this fiscal year.
Astro-Med has been furnishing ToughWriter 3 printers and ToughSwitch Ethernet switches for the C-17 since 2002. This new contract is for ToughWriter 4 series printers, which offer advanced features over previous generation ToughWriter 3 printers sold to Boeing. The new ToughWriter 4 ruggedized cockpit printers will be installed in existing C-17s as well as in new production aircraft.
“This contract is a follow on to a $3 million dollar contract awarded in 2007 for equipment for the C-17 aircraft. We are pleased to continue our long-standing relationship with Boeing and look forward to providing them with the most advanced airborne, military equipment available,” stated Tom Carll, Sales Manager of the Astro-Med T&M Product Group, in commenting on the award.
Carll continued, saying, “We are proud that Astro-Med continues to be regarded as the leading provider of ruggedized products for the avionics industry, and excited about several other proposals we currently have in negotiation.”
According to the Company, the ruggedized airborne printers will be used in the cockpit of the C-17 for printing maps, approach plates, aircraft weight and balance information and ground communications. The ruggedized Ethernet switches are critical for communication between on-board computers and other equipment in the aircraft.
About Boeing Defense, Space & Security A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world’s largest space and defense businesses specializing in innovative and capabilities-driven customer solutions. Headquartered in Berkeley, Missouri near St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.
About Astro-Med, Inc. Astro-Med, Inc. is a leading manufacturer of specialty high tech specialty printing systems, electronic medical instrumentation, and test and measurement instruments. Astro-Med, Inc. products are sold under the brand names Astro-Med(R), Grass(R) Technologies and QuickLabel(R) Systems, and are employed around the world in a wide range of aerospace, medical, military, industrial, and packaging applications. Astro-Med, Inc. is a member of the Russell Microcap(R) Index. Additional information is available by visiting http://www.Astro-MedInc.com.
Safe Harbor Statement This news release contains forward-looking statements, and actual results may vary from those expressed or implied herein. Factors that could affect these results include those mentioned in Astro-Med’s FY2009 Annual Report and its annual and quarterly filings with the Securities and Exchange Commission.
Contact:
Everett V. Pizzuti
President, COO
Astro-Med, Inc.
(401) 828-4000
SOURCE: Astro-Med, Inc.