U.S. Army Selects AAI's Man-Portable Aircraft Survivability Trainer; Contract Has a Potential Value of $43M

AAI Test & Training, an operating unit of Textron Systems, a Textron Inc. TXT company, announced today that its Man-Portable Aircraft Survivability Trainer (MAST) has been selected by the U.S. Army Program Executive Office for Simulation, Training and Instrumentation, or PEO STRI, under a task order from the Simulation, Training and Instrumentation Omnibus Contract II. Valued at $10.6 million, the initial order includes design, development, production and testing of nine first article systems and 41 production systems. Including four option years, the contract has a total potential for 300 systems at a value of $43 million.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsIndustrial ConglomeratesIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!