Air T, Inc. (AIRT) Announces Receipt of $11.5 Million Order from the US Air Force
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Air T, Inc. (Nasdaq: AIRT) announced that its wholly owned subsidiary, Global Ground Support, LLC, has received an order for 29 mobile deicing trucks, including three extended reach deicers, to be supplied to the United States Air Force for a total of approximately $11.5 million. The order is pursuant to Global's existing multi-year contract with the Air Force and includes the actual units, shipping costs and training courses associated with the units. Global's contract with the Air Force expires in June 2009 and Global is currently in the process responding to the new request for proposal.
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