Calabasas, CA (July 22, 2013)…National Technical Systems, Inc. (NASDAQ: NTSC) (NTS), a leading provider of testing and engineering services, today announced it has been selected by Rockwell Collins to provide Mechanical and Automated Test Equipment for an integrated system that will be provided by Rockwell Collins for the Airbus A350 XWB program. The NTS equipment will be used to test the A350 XWB Trimmable Horizontal Stabilizer Actuator (THSA), a system located in the horizontal tail of the aircraft that is used to aerodynamically balance the aircraft for optimum and efficient flight. The work will be performed at NTS’ Albuquerque facility.
The award by Rockwell Collins marks another significant contract win for NTS in the aviation equipment testing and engineering market, which is rapidly expanding for companies like NTS because many of the world’s largest aerospace companies are now outsourcing these programs. To serve this new and increasingly important market, NTS has expanded its geographic footprint and its testing and engineering capabilities, noted NTS President and CEO William C. McGinnis.
NTS is currently working on approximately $4 million in recently-signed similar contracts with other major aerospace companies at its Albuquerque and Rockford, IL, facilities. At the NTS Rockford facility, for example, the Company has won a contract from a large aviation company to design and build an iron bird test wing simulation “slats and flaps” system.
“Today we are not only doing the tests, but designing and building the test equipment and test stands, often called iron birds,” McGinnis said. “We made it a priority to expand our facilities in places like Albuquerque and Rockford and outfit them with the proper equipment and resources to serve our aerospace customers. We see this as a very important market for us that will only get larger and more important in the near future.”
The Albuquerque project includes designing and fabricating specialized equipment and a custom test stand rig that will perform tests to simulate the environment and reproduce the loads the actuator will experience in service. Once complete, the test stands will be used to perform the acceptance test performed on every production THSA to ensure it will properly perform when installed on the aircraft.
National Technical Systems is well-versed in the Rockwell Collins A350 XWB program. Prior to this test stand project, NTS performed environmental and dynamic testing for safety of flight.
“We are honored to be selected again by Rockwell Collins and to be part of this very high-profile and important THSA program for the A350 XWB aircraft,” McGinnis added. “We believe our selection is a reflection of our testing and engineering competency and a validation of the work of our Engineering Services Division.”
About NTS Albuquerque
NTS Albuquerque is the center for NTS Engineering Services and provides the organization’s largest engineering services capability with mechanical, electrical, software, structural, analysis and systems engineers as well as experienced program managers. NTS Albuquerque provides access to a wide variety of knowledgeable engineering and manufacturing resources with expertise in requirements analysis and definition, preliminary design, system architecture development, analysis, risk analysis and mitigation, detailed design, fabrication, integration, and functional prove-out with application to a wide variety of both government and commercial customers.
National Technical Systems, Inc. is a leading provider of engineering services to the aerospace, defense, telecommunications, automotive and high technology markets. Through a world-wide network of resources, NTS provides full product life-cycle support, offering world class design engineering, compliance, testing, certification, quality registration and program management. For additional information about NTS, visit the Company’s website at www.nts.com or call 800-270-2516.
The statements in this press release that relate to future plans, events or performance, are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to customer orders, demand for services and products, development of markets for the companies’ services and products and other risks identified in the companies’ SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The companies undertake no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding National Technical Systems' business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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