Press Release

AVMATS Team Awarded $216.7 Million Navy Support Contract

Oct. 1, 2004

Chesterfield, MO - Aviation Material and Technical Support (AVMATS) has announced that the L-3 Communications Vertex Aerospace (L-3 Vertex) / AVMATS Team has been awarded a one-year, $47 million contract to provide Contractor Logistics Support and operation of the Aircraft Intermediate Maintenance Department (AIMD) for Naval Air Systems Command (NAVAIR). With the exercise of four, one-year option periods, the total contract value is $216.7 million.

AVMATS will provide depot-level (heavy) aircraft maintenance, depot-level engine inspection, repair, and overhaul service, aircraft strip and paint, and supply parts logistics and overhaul services supporting the T-39N/G Aircraft used in the Undergraduate Military Flight Officer Training System (UMFOTS) program. Work will be performed at AVMATS MidAmerica Airport Facilities in Mascoutah, Illinois and AVMATS Engine and Component Overhaul Facilities in O'Fallon, Missouri.

"We are excited about teaming with a dynamic company like L-3 Vertex in support of the U.S. Navy," said A.C. "Butch" Giessman, president of AVMATS. "We look forward to working with L-3 Vertex to provide the support necessary to sustain this legendary aircraft platform."

AVMATS is a privately held small business, headquartered in Chesterfield, Missouri, and has 200 employees working at locations in Missouri, Illinois and Bournemouth, England. AVMATS specializes in the repair and maintenance of Sabreliner, Falcon, Hawker and other corporate jet aircraft. The company also provides airframe and engine services, APU repair/overhaul, avionics installation, instruments, interiors, accessories, components, and spare parts for all business class aircraft.

Additionally, the company is a recognized Pratt & Whitney JT-12, General Electric CJ610/CF700 engine overhaul facility and a Honeywell Authorized TFE731 and APU Line Service Center.