SINGAPORE (Feb. 2, 2010) – Hawker Beechcraft Corporation (HBC) today announced it has delivered the first four Beechcraft T-6A military trainer aircraft to the Iraqi Air Force. HBC was awarded a contract for eight T-6A trainer aircraft in August 2009 and an additional seven in September, bringing the contract total to 15 aircraft. The contract represents a government-to- government agreement between Iraq and the United States. The remaining aircraft deliveries will occur in the first and fourth quarters of 2010.
“With the T-6A, the Iraqi Air Force now has the most successful primary trainer in the world at its fingertips,” said Jim Maslowski, president, U.S. and International Government Business. “These aircraft will play a vital role in strengthening the Iraqi Air Force and providing training in support of the withdrawal of U.S. troops from Iraq.”
In addition to the 15 aircraft, the contract also includes ground based training systems, spares, contract logistics support, maintenance, post production support and technical publications.
The Beechcraft T-6 offers military organizations worldwide the most proven and most cost- effective training system available today. The T-6 is a primary trainer aircraft that accommodates instruction in instrument flight procedures and basic aerial maneuvers. The aircraft delivers an outstanding training capability that is appropriate for the most basic introductory flight training through more challenging and complex advanced training missions. To date, it has been used to train pilots in approximately 20 different countries. The HBC military training platform also recently achieved significant milestones when the T-6 reached one million flight hours and delivery of the 500th T-6 airplane occurred.
The T-6A is currently in service as the U.S. Air Force and U.S. Navy’s Joint Primary Aircraft Training System (JPATS) aircraft, as well as the primary, weapons and navigation trainer with the NATO Flying Training in Canada (NFTC) program, the Hellenic Air Force of Greece and the Israeli Air Force. HBC and its predecessor company have delivered more than 500 aircraft and 90 aircrew training devices to various major training installations throughout the U.S. since its first deliveries started in 2000.
Hawker Beechcraft Corporation is a world-leading manufacturer of business, special mission and trainer aircraft – designing, marketing and supporting aviation products and services for businesses, governments and individuals worldwide. The company’s headquarters and major facilities are located in Wichita, Kan., with operations in Salina, Kan.; Little Rock, Ark.; Chester, England, U.K.; and Chihuahua, Mexico. The company leads the industry with a global network of more than 100 factory-owned and authorized service centers. For more information, visit www.hawkerbeechcraft.com.
This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including statements that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management’s assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results may differ significantly from those envisaged by our forward-looking statements. Among the factors that could cause actual results to differ materially from those described or implied in the forward- looking statements are general business and economic conditions, production delays resulting from lack of regulatory certifications and other factors, competition in our existing and future markets, lack of market acceptance of our products and services, the substantial leverage and debt service resulting from our indebtedness, loss or retirement of key executives and other risks disclosed in our filings with the Securities and Exchange Commission.