Posted in | News | Business | Aerospace Materials

U.S. Aerospace Submits Bid for Component Supply to Air Force

Jul 12 2010

U.S. Aerospace, Inc. (OTCBB: USAE), a U.S. aerospace and defense contractor, today announced that it has submitted a bid to the U.S. Air Force to supply 179 aerial refueling tankers at $150 Million per plane, with a total bid package of $29.55 Billion including research and development costs.

The aircraft components will be built by Antonov in Ukraine with final assembly of the planes by U.S. Aerospace, Inc. in the United States.

“We are proud to be participating in the largest military contract bid in history,” said U.S. Aerospace, Inc. director Michael L Goldberg. “We are pleased to be executing on our aerospace business plan focusing on expanding our Company’s sales and manufacturing capabilities.”

Source:

http://www.usaerospace.com/

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