{"id":65954,"date":"2023-02-07T05:00:27","date_gmt":"2023-02-07T05:00:27","guid":{"rendered":"http:\/\/malaysiantribune.com\/?guid=14eff86fa5656814caa74da2dd2f0368"},"modified":"2023-02-07T05:00:27","modified_gmt":"2023-02-07T05:00:27","slug":"etcs-aircrew-training-systems-unit-awarded-85-million-contract","status":"publish","type":"post","link":"https:\/\/malaysiantribune.com\/etcs-aircrew-training-systems-unit-awarded-85-million-contract\/","title":{"rendered":"ETC\u2019s Aircrew Training Systems Unit Awarded $85 Million Contract"},"content":{"rendered":"<div>\n<p style=\"text-align: left;\" align=\"justify\">SOUTHAMPTON, Pa., Feb. 06, 2023 (GLOBE NEWSWIRE) &#8212; <strong><em>Environmental Tectonics Corporation<\/em><\/strong>\u00a0(OTC Pink: ETCC) (\u201cETC\u201d or the \u201cCompany\u201d) announced that its <strong>Aircrew Training Systems <\/strong>business unit (\u201cATS\u201d) was awarded an $85 million contract for the delivery of an Aeromedical Center including the building and all related facilities, in addition to the following products:<\/p>\n<ul style=\"text-align: left;\" type=\"disc\">\n<li>Authentic tactical flight simulator (\u201cATFS-400 25\u201d),<\/li>\n<li>GL \u2013 1500 spatial disorientation trainer,<\/li>\n<li>Altitude chamber (12 person),<\/li>\n<li>Portable hyperbaric chamber,<\/li>\n<li>Ejection seat simulator,<\/li>\n<li>Night vision\/night vision goggle training system, and<\/li>\n<li>A water survival system.<\/li>\n<\/ul>\n<p style=\"text-align: left;\" align=\"justify\">The services portion of this contract provides <a href=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3Di0YfE8CnOEVKWEcDgwaEWAYQvOVGeLdQIGefavU3WJe2VNzaahrmvM409GCKhFK2BeVlfL1jBjQhLPp3scc0eKgRBp9mER7ukQ91hdXFEVwQ_GBZcV89cjSY42q9jbXt&amp;source=gmail-html&amp;ust=1675832920357000&amp;usg=AOvVaw0VNzZrFLMNGKpDCH3Boo6i\"  rel=\"nofollow noopener noreferrer\">integrated logistics services<\/a>, pilot physiology and personnel training services through ETC\u2019s NASTAR Center and facility support services.<\/p>\n<p style=\"text-align: left;\" align=\"justify\">\u201cThis contract represents another significant milestone for ETC. We are pleased to have been chosen to supply our ATS customer with an Aeromedical Center with products and services designed to aid them in increasing their aviation training capabilities that protect pilots from the physiological dangers of flight,\u201d states Robert Laurent, CEO and President.<\/p>\n<p style=\"text-align: left;\" align=\"justify\"><strong>About ETC:<\/strong><\/p>\n<p style=\"text-align: left;\" align=\"justify\">ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions. Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing and simulation systems, and other products that involve similar manufacturing techniques and engineering technologies. ETC\u2019s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit <a href=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3DfPHSLVfnFQTe462z5hSgMpE2L6NK6syaYQc2Pehp_8c4q-dJi-AZZ7YwFXU-76bdA8QjN-ZeJZXr6nvbxxXJqJc9doKUPEwcl4iEczhSAC8%3D&amp;source=gmail-html&amp;ust=1675832920357000&amp;usg=AOvVaw2ZWTwCddQF2ymyQIJdawGs\"  rel=\"nofollow noopener noreferrer\">http:\/\/www.etcusa.com\/<\/a>.<\/p>\n<p style=\"text-align: left;\" align=\"justify\"><strong>Forward-looking Statements<\/strong><\/p>\n<p style=\"text-align: left;\" align=\"justify\">This news release contains forward-looking statements, which are based on management\u2019s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201cexpect\u201d, \u201cplan\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cestimate\u201d, \u201cfuture\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201cintend\u201d, or \u201ccontinue\u201d, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.<\/p>\n<table>\n<tbody>\n<tr>\n<td>Contact:<\/td>\n<td>Joseph Verbitski, CFO<\/td>\n<\/tr>\n<tr>\n<td>Phone:<\/td>\n<td>(215) 355-9100<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">E-mail:<\/td>\n<td style=\"text-align: left;\"><a href=\"mailto:info@etcusa.com\"  rel=\"nofollow noopener noreferrer\">info@etcusa.com<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img decoding=\"async\" class=\"m___GNW8366DE3E__IMG\" src=\"https:\/\/ci5.googleusercontent.com\/proxy\/F9ZETM0jgo03sYjdIbdP-7tYR7SdkUndSmvkWz_sxU2iFaq-8v3y7hYPl1HChQwPQNx3E2TRUgMe9vVLAZowYsyLjxrkEeERGNWgR36iOyQ3iOXu5rLH8FX7RSy8k64d=s0-d-e1-ft#https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc0MzY0MiM1MzkzOTE5IzIwMDY5MTk=\" \/><br \/>\n<img decoding=\"async\" src=\"https:\/\/ci5.googleusercontent.com\/proxy\/nWzEADPsiIb9RbsVJBPJtw5WFDwX1f7zeh_z9LBRNaZ6xmbiu2DvholzLfU26m77P76a62E9hJGwrti_N0bz5NPLLpSUyr7VfApvplstMFSd3nVfWo1uBg3aGv0T3Q9v7m808u7ugFxzHWPLYq9puzbyog3V8fnU1CkEjTUngZ3XaKWovjMdxxQ1kywez-PynHQNPhrffXrLu0M=s0-d-e1-ft#https:\/\/ml.globenewswire.com\/media\/ODJkYjk4MjEtMzg5OS00NzViLWFlNjktNDE4MDA5NWU2MWI1LTEwMTg0OTI=\/tiny\/Environmental-Tectonics-Corpor.png\" \/><\/p>\n<p align=\"center\">GlobeNewswire Distribution ID 8743642<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SOUTHAMPTON, Pa., Feb. 06, 2023 (GLOBE NEWSWIRE) \u2014 Environmental Tectonics Corporation\u00a0(OTC Pink: ETCC) (\u201cETC\u201d or the \u201cCompany\u201d) announced that its Aircrew Training Systems business unit (\u201cATS\u201d) was awarded an $85 million contract for the delivery of an Aeromedical Center including the building and all related facilities, in addition to the following products: Authentic tactical flight [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - 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