AEgis Technologies Awarded MH-47E / MH-60K Combat Mission Simulator Upgrade Contract

Huntsville, Alabama (February 13, 2012) – The AEgis Technologies Group was awarded the
MH-47/MH-60 Combat Mission Simulator Legacy Upgrade Effort (LUE) contract to upgrade two combat mission simulators at Fort Campbell, Kentucky.  The Army estimates the contract to be worth up to $31 million.

“The LUE contract is a milestone win for AEgis as the award demonstrates our ability to win Full and Open competitions to provide large, complex simulator solutions for the Warfighter.  Our team at AEgis is thrilled with our partnership with PM SOF Training Systems and their customer. We are fully committed to deliver on this critically important program,” said Steve Hill, AEgis President and CEO.

The Army will use these combat mission simulators to train pilots on tasks ranging from emergency procedures and instrument flight training to more complex mission training and
multi-ship exercises.  AEgis will upgrade the simulators to match the capabilities of newer, recently fielded aircraft versions and to take advantage of simulation technology advancements.

“Our goal is to completely modernize these simulators and return them to flight training as quickly as possible,” said Del Beilstein, Director of Business Development at AEgis. “We’re very excited to support the Warfighter on this important project.”

As part of the contract, AEgis will replace the simulators’ outdated hydraulic control loading and full motion systems with digital electric systems, completely rework the electronic architecture, and upgrade the avionics, display and image generation subsystems.

“The timeline to conduct these substantial upgrades and return the training devices back to Ready-for-Training status is aggressive, but much needed to help prepare our soldiers for future deployments,” added David King, AEgis Vice President Simulation Development.  “We are proud to have been selected by the Army to perform these upgrades.”

About The AEgis Technologies Group Inc.

AEgis Technologies is a privately held small business headquartered in Huntsville, Alabama, USA, that provides advanced technology and expert consulting services to industries throughout the world.  AEgis specializes in modeling & simulation (M&S) and micro/nanoscale technology development.  The company’s M&S products and services include simulation software and training simulators; geospatial databases; 3D models; war fighter exercise support; systems engineering and analysis; verification, validation, and accreditation (VV&A); test and evaluation support; Hardware-in-the-Loop (HWIL) and Man-in-the-Loop (MIL) simulation. AEgis’ Nanogenesis Division excels in advancing cutting edge micro and nanoscale technologies from concept to deployment with applications ranging from defense to energy to biotechnology.

AEgis has enjoyed steady growth with revenues increasing to $44 million in sales and employment of 235 professionals.  AEgis has been instrumental in the acceptance of M&S as a profession, as a graduate program of study among many colleges and universities and in the creation of an M&S standards and professional certification across the international M&S professional community-of-practice.  Since its founding in 1989, AEgis has been committed to honesty and integrity and has been recognized for its honorable business practices by receiving the Better Business Bureau’s Torch Ethics Award.  The company’s highly skilled work force is dedicated to building lasting relationships and providing superior products and services to our customers.