“We are pleased to receive this significant award. We are committed to the DLA’s mission to support and extend the service life of military aircraft,” said
The award is a long-term after-market contract that enables multiple product draws, and ensures a minimum annual quantity to FTG. Initial production releases have been issued to
ABOUT
FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:
The Corporation's shares are traded on the
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTG’s operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as “anticipate”, “believe”, “expect”, “plan” or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation’s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
For further information please contact:
Tel: (416) 299-4000 x 314
Firan Technology Group Corporation
bradbourne@ftgcorp.com
Tel: (416) 299-4000 x 264
Firan Technology Group Corporation
jamiecrichton@ftgcorp.com
Additional information can be found at the Corporation’s website www.ftgcorp.com
Source:
2021 GlobeNewswire, Inc., source