Aerosonic Receives New Orders Related to M346 International Trainer Aircraft
CLEARWATER, Fla. -- February 11, 2013
Aerosonic Corporation (NYSE AMEX:AIM), a leading supplier of precision flight
products for commercial, business and military aircraft, today announced that
it has received new purchase orders in support of the M-346 Master jet trainer
sale to Israel. The orders are to supply air data systems that include its
Integrated Multifunction Probe (“IMFP®”) and related equipment for the
production of the jet trainer aircraft. These orders are valued at $7.7
million dollars. Shipments will begin in June 2013.
The IMFP® provides angle of attack, air data sensing and pressure sensing for
military aircraft in one probe, reducing flight management system complexity
on military aircraft. It is currently installed on several military aircraft.
“We are proud to play a role and share in the success of the M-346 program,”
commented Doug Hillman, President and Chief Executive Officer. “This order
provides us with a significant increase in our backlog for one of our
technologically advanced products in a growing segment of the military
Aerosonic Corporation, headquartered in Clearwater, Florida, is principally
engaged in the manufacture of aviation products. For additional information,
visit the Company’s website at www.aerosonic.com.
This document contains statements that constitute "forward-looking" statements
within the meaning of the Securities Act of 1933 and the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform Act of
1995. "Forward-looking" statements contained in this document include the
intent, belief or current expectations of the Company and its senior
management team with respect to future actions by officers and directors of
the Company, prospects of the Company's operations, profits from future
operations, overall future business prospects and long term stockholder value,
as well as the assumptions upon which such statements are based.
Investors are cautioned that any such forward-looking statements are not
guarantees of future performance, and that actual results may differ
materially from those contemplated by such forward-looking statements.
Important factors that could cause actual results to differ materially from
those contemplated by the forward-looking statements in this document include,
but are not limited to, adverse developments involving operations of the
Company's business units, failure to meet operating objectives or to execute
the business plan, and the failure to reach revenue or profit projections. The
Company undertakes no obligation to update or revise the forward-looking
statements contained in this document to reflect changed assumptions, the
occurrence of unanticipated events, or changes to future operating results
Mark Perkins, 727-461-3000
Executive Vice President
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