Mon, Sep 17, 2007
"Will Decide On The Next Steps To Be Taken"
Pemco Aviation Group has issued some
comments on their unsuccessful bid to be selected as the recipient
of the new KC-135 Programmed Depot Maintenance (PDM) contract from
the United States Air Force. The contract, which has a 5-year base
term with 5 additional one-year options, was awarded on September
10, 2007, with an effective date of October 1, 2007.
Ron Aramini, President and Chief Executive Officer, states,
“We are very disappointed that the company was not chosen for
the KC-135 contract. We have requested a debriefing from the Air
Force to try to understand the reasons for the award decision.
Depending upon the information provided by the Air Force, and upon
our assessment of the entire situation, we will decide on the next
steps to be taken in connection with the KC-135 PDM contract. In
addition, we will move forward with other programs with the Air
Force and Navy. We will be aggressively pursuing new programs which
we feel will benefit from our expertise in maintenance and
modification and our unique facility capabilities. We would like to
extend our appreciation to the local, state and federal officials
who supported Pemco through this difficult and protracted
effort.”
Pemco Aviation Group, Inc., with executive offices in
Birmingham, Alabama, and facilities in Alabama, and California,
performs maintenance and modification of aircraft for the U.S.
Government and foreign and domestic commercial customers. The
company also provides aircraft parts and support and engineering
services and full service overhaul and repair for a wide range of
aircraft. Pemco Aviation Group also develops and manufactures
rocket vehicles and control systems, and precision components for
the aviation industry.
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