Great first half of 2013....
We were pleased to announce on April 1, 2013 that the Company had completed the acquisition
of LTAS, which will operate as a wholly owned subsidiary of WSGI. The first results of this
acquis
ition are already evident:
•
April 3, 2013
LTAS delivered the initial BiB aerostat system to the DoD. The delivery
included not only demonstration and testing of the BiB aerostat system but also multiple
training sessions for soldiers on the base in prepa
ration for future military exercises.
Formal DoD acceptance of the first BiB system was issued following completion of the
testing, the initial round of training and an inventory accounting.
•
April 9, 2013
LTAS provided seven critical aerostat launcher
electric main winches and
spare components to support the Small Tactical Multi
Payload Aerostat System
("STMPAS") for the U.S. Army Rapid Equipping Force ("REF").
•
April 16, 2013
LTAS
provided the initial trailer
mounted aerostat launcher system and six
aerostats to BAE Systems to support the U.S. Army Space and Missile Defense Command
("SMDC"). The LTAS self contained, compact, trailer
mounted aerostat launcher system
and aerostats have been delivered and are undergoing testing and evaluation for various
mission profiles to support and enhance critical communications for the Army. Utilizing the
LTAS aerostats, the SMDC is able to extend encrypted communications up to
approximately 20 miles using standard battlefield radios. LTAS expects to deliver the
sec
ond aerostat launcher system to BAE Systems in the second quarter 2013.
•
May 1, 2013
LTAS
delivered the second BiB aerostat system to the DoD. The delivery
included not only demonstrations and testing of the BiB but also additional training
sessions for
soldiers at the Fort Polk, LA base as the systems are prepared for future
military exercises. Formal DoD acceptance of the BiB system was issued following
completion of the testing, training and a complete invent
