Precision Aviation Group to Distribute Magellan Aerospace’s Wire Strike Protection
(ATLANTA, GA – July 15, 2015)Precision Aviation Group, Inc. (PAG) announced at the Airborne Law Enforcement Agency (ALEA) annual convention that the company has signed an agreement with Magellan Aerospace (“Magellan”) to distribute the Wire Strike Protection System (WSPS™) globally. The agreement allows PAG to sell and distribute Magellan-developed aftermarket kits for Bell models 206, 204, 205, 210, 212, 412, 407, 222, 230, 430, 427, 429; Eurocopter models BK117 (FLIR), BK117 (Non-FLIR), BO-105, AS350; MD models 500C &D, 500E, 530F, 500N, MD600, MD900; and Sikorsky model S-76.
With this agreement, all ten PAG companies, Precision Heliparts (PHP), Precision Accessories & Instruments (PAI), Precision Aviation Services (PAS), Precision Heliparts-Canada (PHP-C), Precision Accessories & Instruments -Canada (PAI-C), Precision Aero Technology (PAT), Precision Heliparts – Lafayette (PHP-LA), Precision Heliparts – Australia (PHP-AU), Precision Accessories & Instruments – Australia (PAI-AU) and Aviation Controls, Inc. (ACI) have added Magellan’s WSPS™ to its growing list of products and services in support of rotorcraft platforms.
“We are pleased to add Magellan Aerospace as a valued partner to our business,” said Adrienne Robinson, PAG Vice President, Business Development. “We have been supporting the world’s largest mission critical rotorcraft fleets since 1993, adding Magellan’s WSPS™ to our OEM distribution product lines allow us to provide our customer base with the best WSPS™ in the market. Magellan’s WSPS™ offers the rare combination of superior quality and great pricing for an unbeatable value – which complements PAG’s existing products and services, said Robinson”.
The WSPS™, designed and manufactured by Magellan, provides a measure of protection for helicopters in the event of accidental wire contact by the helicopter in forward and level flight. The WSPS™ uses proprietary design, analysis, and manufacture of components uniquely suited to each helicopter model and can be optimized for each helicopter platform with mission-specific equipment. Magellan has developed more than 70 commercial and military models of WSPS™ for customers around the world, and continues to develop systems for new helicopter platforms.
About Precision Aviation Group
Precision Aviation Group (PAG) is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With nine locations and more than 210,000-square-feet of sales and service facilities in the United States, Canada and Australia, PAG uses its distinct business units and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain – and its trademarked Inventory Supported Maintenance, Repair and Overhaul (ISMRO®) services.
PAG provides MRO and Supply Chain Solutions for Fixed and Rotary-wing aircraft through: Precision Heliparts – PHP (www.heliparts.com); Precision Aviation Services – PAS (www.pas-pag.com); Precision Accessories & Instruments – PAI (www.precisionaccessories.com); Precision Heliparts Canada – PHP-C (www.heliparts.ca); Precision Accessories & Instruments Canada – PAI-C (www.pai-canada.com); PHP-Instruments & Accessories – PHP-IA (www.heliparts.com); Precision Aero Technology –PAT (www.precisionaerotechnology.com), Precision Aviation Group Australia PTY LTD – PHP-AU and Aviation Controls Inc. – ACI (aviationcontrolsinc.com). PAG subsidiaries have MRO capabilities on over 35,000 products, including accessories, avionics, engine components, hydraulics, instruments, NDT, starter/generators, and wheels/brakes (www.precisionaviationgroup.com).
About Magellan Aerospace
Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout Canada, the United States, the United Kingdom, India, and Poland.
Forward Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. When used herein, words such as “expect”, “anticipate”, “estimate”, “may”, “will”, “should”, “intend”, “believe”, and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by PAG in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Distributor believes are appropriate in the circumstances. Many factors could cause PAG’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the PAG’s forward-looking statements. PAG has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.