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Tuesday, 10/27/2009 1:21:41 PM

Tuesday, October 27, 2009 1:21:41 PM

Post# of 640890
IARO news IAE Announces $2.45 Million USD Contract


Press Release
Source: International Aerospace Enterprises, Inc.
On 1:20 pm EDT, Tuesday October 27, 2009
International Aerospace Enterprises, Inc.
ONTARIO, Calif.--(BUSINESS WIRE)--International Aerospace Enterprises, Inc. (OTCBB: IARO - News) today announced that the company has received a contract of $2,450,000 USD for military aircraft spare parts. The contract calls for the delivery of the parts prior to the end of this fiscal year.

John Peck, IAE’s Chief Executive Officer, stated, “This contract, combined with the others announced earlier by IAE, totals $16,000,000 USD. The $16 million in contracts have been received by IAE since the return of Saffet Uslu, IAE’s President, from his Middle East trip earlier this year.”

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