Business

July 11, 2012

Tactical Air Defense Services receives first revenue from Super Tucano aircraft

Tactical Air Defense Services, Inc. has received its first revenue from the Embraer 314 Super Tucano aircraft in which it has an interest through a Services Agreement with Tactical Air Support, Inc.

Tactical Air Defense Services is an Aerospace/Defense Services contractor that offers tactical aviation services, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies,

In its first contract-work, the Super Tucano generated revenue of approximately $70,000 for providing two days of training support for the U.S. Army ground forces, prior to commencing scheduled maintenance that has sidelined the aircraft since April. We believe the Super Tucano will again be flying on revenue-producing contracts within a few weeks as the scheduled maintenance nears completion.

The Embraer 314 Super Tucano is a specialty military aircraft renowned for its capabilities in counter-insurgency and air-to-ground bombing, and is the only one of its kind offered in the U.S. through a commercial Aerospace/Defense services contractor.

“We are extremely pleased to announce that TADF has received its first revenue from the Super Tucano,” said Alexis C. Korybut, chief executive officer of TADF. “Although only a short period of contract work, the Super Tucano has demonstrated that the U.S. Department of Defense has demand for its services, and we believe the aircraft can generate a steady flow of revenue for the company upon completion of the scheduled maintenance within the next few weeks.”




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