Thu, Sep 10, 2009
New Orders Represent A 70 Percent Increase In Army
Business
BRS Aerospace (Ballistic Recovery
Systems, Inc.), a manufacturer of whole-aircraft emergency
parachute systems, military cargo and personnel parachutes, and
reflective safety products, announced Wednesday that it has been
awarded an extra $2.75M in new orders (an increase of 72% over its
initial order) by the US Army to manufacture additional “low
velocity” cargo parachutes over an 18-month period.
Production for this contract will occur at the company’s
North Carolina facility where at least 20 more employees will be
hired to accommodate this increase. Combined with the original Low
Velocity contract received in July, the Low V program will bring in
more than $6.6M of revenue over the initial 18-24 month delivery
period and more than 40 new jobs to the Pinebluff, NC region.
The Low Velocity parachute, made of lower cost woven
polypropylene instead of traditionally used, but more expensive,
ripstop nylon, is designed for humanitarian relief efforts and
resupply missions where it is difficult to recover airdrop
equipment or reach troops by ground convoy and from deployment
altitudes of 500-1,200 AGL (above ground level). These parachutes
are designed to be light, simple in design, and up to 80% less
expensive than the standard parachutes and containers now used for
these missions.
“We are very proud that the Army has recognized our
capabilities and desire to provide quality defense articles in a
timely manner, something we have been striving toward for some time
now”, said BRS Aerospace CEO and President, Larry Williams.
Norman Girdwood, General Manager of BRS Aerospace’s
Pinebluff, North Carolina facility added, “This is the kind
of problem I like having…hiring new people, scheduling new
shifts, ensuring quality specs are met…all that is entailed
in ramping up a successful product line”. Concluding,
Girdwood commented, “I’ve known that we were at the
cusp of being recognized as a strong partner with the Army…
we’ve worked very hard as a corporation to make this happen.
This additional award makes that a reality”.
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