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ETCC.. $1.53

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10 bagger Member Profile 10 bagger Member Level 
Friday, February 05, 2010 12:09:46 AM
Re: 10 bagger post# 6 Post # of 116 
ETCC.. $1.53

Cross Post..

Posted by: Knowledge is King Date: Wednesday, October 14, 2009 9:20:09 AM
In reply to: Knowledge is King who wrote msg# 118870 Post # of 123248

ETCC ($1.53) lands $38M contract...

that's another year's worth of business!


(COMTEX) B: U.S. FIRM TO SUPPLY S. KOREA WITH NEW AIR FORCE TRAINING EQUIP
MENT ( Asia Pulse )
B: U.S. FIRM TO SUPPLY S. KOREA WITH NEW AIR FORCE TRAINING EQUIPMENT ( Asia Pul
se )

SEOUL, Oct 14, 2009 (AsiaPulse via COMTEX) --
A U.S. firm was picked Wednesday
to provide the South Korean Air Force with a new set of
training systems designed to help pilots better deal with high
G forces and other critical airborne challenges, an official
said Wednesday.

Environmental Tectonics Corporation (ETC) edged out
Australia's AMST to win the bidding estimated to be worth US$38
million, Kim Young-san, spokesperson for the Seoul-based
Defense Acquisition Program Administration, told reporters.

The systems, which will be supplied and operational by 2012,
include interactive training equipment on high G forces,
spatial disorientation, situational awareness, ejection and
oxygen equipment, Kim said.

ETC was the supplier of similar systems that the South
Korean Air Force has used since 1992 to train its pilots. Kim
said the new set will replace the aging equipment currently
under use.

Pilots are exposed to various natural challenges when they
get airborne, including gravity that can knock them out of
consciousness by rapidly pulling blood down to their feet from
the heads.



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