FLYHT Gets Military Contract

FLYHT Receives Order for Seven AFIRS 228 Systems for Middle East C-130 Military Transport Aircraft

CALGARY, ALBERTA, May 7, 2013… FLYHT Aerospace Solutions Ltd.  has received a purchase order from a major avionics integrator for seven AFIRS™ 228 (Automated Flight Information Reporting System) for Lockheed Martin C-130 Hercules aircraft owned and operated by a middle-eastern country’s air force. This is the second air force in the region to adopt AFIRS as part of their avionics modernization programs. The total value of the hardware portion of the contract is in excess of $250,000 USD and an ongoing service agreement will be negotiated with the end users prior to delivery of the upgraded aircraft.

Shipments of the products are anticipated to commence in the third quarter of this year with services commencing in 2014 with the end users.

Globally there have been more than 2,400 C-130 aircraft delivered, and a majority of those aircraft will require avionics upgrades in the next few years.

“We are excited to continue our success in the global C-130 upgrade programs and look forward to supplying the major global avionics integrators with the many benefits AFIRS 228 provides,” said Bill Tempany, FLYHT’s president & chief executive officer. “This is the second middle eastern air force to employ FLYHT’s technology. We feel this is the start of a long and fruitful relationship with the customer in providing them with industry leading systems.”

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the aviation industry. The company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time.

The company has been publicly traded on the TSX Venture Exchange since 2003.

 

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