Firan Technology Group Corporation ("FTG") Is Awarded Multiple Simulator Products Purchase Orders Totaling $7.5 Million (CAD)

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Aug 23, 2022

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG, Financial) has been awarded a total of $7.5M in new purchase orders from its two largest simulator customers. FTG will supply multiple complete sets of cockpit assemblies for military and commercial simulators for different aircraft including refueling fixed wing aircraft, helicopters and business jets. Most of the orders are for repeat assemblies that have previously been developed and delivered by FTG. This work will be performed by FTG’s Aerospace segment facilities in Toronto, Ontario, Chatsworth, California and Tianjin, China over the next 9-12 months.