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Breeze-Eastern Wins $7 Million Order for Equipment Repairs

WHIPPANY, N.J. – Breeze-Eastern Corp. (AMEX: BZC), the aerospace industry’s only dedicated hoist and winch manufacturer, has received a $7 million order from the U.S. Naval Supply Systems Command Weapons Support Unit to repair a range of cargo hooks and hoists for CH-53 helicopters.
 
“Our team recognizes the importance of supporting this vital equipment with timely repairs, and we value our ongoing relationship with the U.S. Navy,” said Brad Pedersen, President and CEO. The order runs through November 2013, and work will be completed at the Breeze-Eastern facility in Whippany, N.J.
 
Breeze-Eastern Corporation designs and manufactures high-performance lifting and pulling devices for helicopters, military cargo aircraft, and other aerospace/defense platforms, including rescue hoists, winches and cargo hooks, and weapons-lifting systems.
 
INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, which are based on management's 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 terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "future", "predict", "potential", "intend", or "continue", 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 Breeze-Eastern Corporation 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.

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