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Alabama Aircraft Industries, Inc. Announces United States Court of Appeals Ruling on the KC-135 Contract Award

Dépèche transmise le 17 novembre 2009 par Business Wire

Alabama Aircraft Industries, Inc. Announces United States Court of Appeals Ruling on the KC-135 Contract Award

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Alabama Aircraft Industries, Inc. (Pink Sheets: AAII), a leading provider of aircraft maintenance and modification services to military customers, today announced that the United States Court of Appeals for the Federal Circuit reversed the ruling of the Court of Federal Claims that had enjoined the United States Air Force (“USAF”) from proceeding with the award of the KC-135 contract to The Boeing Company. Ronald Aramini, Alabama Aircraft’s President and Chief Executive Officer, stated “We are obviously disappointed in the Court’s ruling and will be reviewing all legal and strategic options available to us. Alabama Aircraft continues to employ 800 highly skilled workers that provide the United States Air Force and Navy with the best quality work in the industry.”

About Alabama Aircraft Industries

Alabama Aircraft Industries, Inc., located in Birmingham, Alabama, performs maintenance and modification of aircraft for the U.S. Government and military customers. The Company also provides aircraft parts and support and engineering services.