Tuesday, July 28, 2009 10:51:47 PM
* Press Release
* Source: BRS, Inc.
* On Tuesday July 28, 2009, 9:56 pm EDT
Companies:
o Ballistic recovery systems inc.
SOUTH ST. PAUL, MN--(Marketwire - 07/28/09) - BRS Aerospace (Pinksheets:BRSI - News), a manufacturer of whole-aircraft emergency parachute systems, military cargo and personnel parachutes, and reflective safety products, announced today that it had recently been awarded two new contracts by the US Army to manufacture more than 3,500 "High and Low Velocity" cargo parachutes over a two-year period. In addition, the Army increased a previous contract quantity awarded BRS this past Spring by more than 50%. Work for these new contracts will be divided between the company's North Carolina and Minnesota facilities while more than 100 new employees will be hired to fulfill these contracts. Combined, these new contracts are valued at more than $17,000,000
http://finance.yahoo.com/news/BRS-Wins-Two-Additional-Army-iw-1845901468.html?x=0&.v=1
BRS Announces Profit for 3rd Quarter FY 09
http://finance.yahoo.com/news/BRS-Announces-Profit-for-3rd-iw-367023488.html?x=0&.v=1
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