CHICAGO, Feb 02, 2010 /PRNewswire via COMTEX/ -- JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business was awarded production options for the United States Navy Land-based Air Conditioner (LBAC) program. This order for 130 units and support equipment is valued at $21.4M with equipment being delivered throughout 2010-2012.
JBT AeroTech's Jetway business unit developed and tested the LBAC over the past two years. The LBAC is capable of cooling the electronic systems of the U.S. Navy and Marine Corps fleet of C-130, C-40, C-9, P-8 and P-3 military aircraft during ground operations and maintenance.
"The LBAC was specially designed in order to meet the demanding operating climate and electromagnetic environments of land-based naval aircraft," said John Lee, Vice President and Division Manager, JBT AeroTech. "We have worked closely with the U.S. Navy throughout this project and are pleased to provide this mission critical aircraft support technology."
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to the food processing and air transportation industries. JBT Corporation designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT Corporation employs approximately 3,300 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information please visit www.jbtcorporation.com or www.jbtaerotech.com.
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. These risks and uncertainties are described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission that may be accessed on the Company's website. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.
SOURCE JBT Corporation