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 Oct 2024 to Nov 2024 Click Here for more Mtc Technologies (MM) Charts.
Mtc Technologies (MM) (NASDAQ:MTCT)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Mtc Technologies (MM) Charts.