SubscribeSuccessful testing by the US Army and Air Force of airdrop technology crucial to closing deal
RESTON, VA/South Windsor, CT August 31
Planning Systems Incorporated (PSI), a leading technology development company, and Capewell Components Company LLC (Capewell), a leading manufacturer of life support and aerial delivery products, have agreed to final terms on a sales agreement worth up to $ 5 million for Capewell to market PSI’s Precision Airdrop System (PADS) to overseas non-US users. Developed for the Army and Air Force to improve the accuracy of parachute and guided payloads delivered from high altitudes, PADS is a result of lessons learned during the recent conflicts in Bosnia and Afghanistan.
“Because airborne delivery operations for humanitarian relief and tactical resupply are fundamental tactics in the 21st century military arsenal, we’re pleased to announce that PADS has been successfully tested by the Army and US Air Force and is now being delivered to the Air Force Air Mobility Command,” said Alan Friedman, president & CEO of PSI. “Our agreement with Capewell is another example of how PSI’s technologies are bringing mission critical capabilities to operators. ”
“As the world’s leading manufacturer of life support and aerial delivery equipment, Capewell is very excited about the opportunity to market this important technology developed by PSI and the PADS team,” said Bob Francis, vice president and general manager of Capewell. “Precision aerial delivery is a capability that soldiers and airmen desperately want, and PADS, which is a portable laptop based system, offers that capability.”
The laptop computer is part of a portable PADS kit that includes expendable hand-launched dropsondes, UHF radio receiver, and all interfaces for operation aboard C-17 and C-130 aircraft.
About PSI
Planning Systems Incorporated (PSI) develops innovative technologies with real-world applications for network centric programs, homeland security and the commercial sector. Cutting–edge technology development areas include multi-level security networks, gunshot location, precision military airdrop, data mining, on-the-move landmine and IED detection, precision vibration control, and speech-capable PDAs. With a 30-year track record, 20 U.S. offices and extensive scientific, engineering, and information technology expertise, PSI adds significant value to mission-critical projects. PSI combines technology innovation and customer responsiveness with the discipline and depth to successfully lead key projects in government and industry. Seewww.plansys.com.
About Capewell
Capewell Components Company, LLC manufactures and supplies life support and aerial delivery products and services for commercial and military aerospace customers. Life support offerings include parachute releases, canopy releases, belts and harnesses, ripcord assemblies and lanyards, and oxygen mask fittings. Aerial delivery products include airdrop platforms, cargo restraints, cargo towplates, hardware components, airdrop containers, helicopter external lift slings, commercial aircraft emergency descent devices, support accessories and training services. Capewell’s descenders were recently used on the Mars Lander program. Seewww.capewell.com
Media Contact:
Robert Westover,
Strategic Communications Group
301-408-4500 ext. 1085
rwestover@gotostrategic.com
For Further Information Please Contact
Capewell Components
Mike Hickey
+1 860 610 0700 ext. 3417
HickeyM@capewell.com
