Provincial Aerospace

April 24, 2009

Provincial Aerospace Awarded $4M Contract to Modify Maritime Surveillance Aircraft

St. John's, Newfoundland and Labrador, April 24, 2009 - Provincial Aerospace Ltd., having won a competitive bid to convert two (2) Bombardier 415 amphibious aircraft into a MP (Maritime Patrol) variant, has taken delivery of the first of the two aircraft . The aircraft will receive modifications at Provincial's Aerospace and Defence facility in St. John's.

The contract valued at $4M includes structural, electrical and avionics modifications as well as the installation and integration of specialized maritime surveillance and search and rescue equipment. These state-of-the-art maritime surveillance aircraft will be utilized for surveillance and search and rescue operations in South East Asia. The Bombardier 415MP is a unique maritime surveillance aircraft designed to be able to land on water.

"This is a very significant milestone for our company and reflects the essential role that maritime surveillance plays in the security, environmental, and safety issues of today," said Brian Chafe, Provincial Aerospace's Chief Operating Officer. Chafe added that: "Bombardier's selection of Provincial Aerospace is a reflection of our great value proposition as a maritime surveillance aircraft modifier and operator with more than 25 years of experience and more than 130,000 hours of maritime surveillance missions flown."

"Bombardier is pleased to team up with Provincial Aerospace and to benefit from the expertise they have developed in this specialized niche market," noted Michel Bourgeois, President, Specialized and Amphibious Aircraft. Mr. Bourgeois added: "We look forward to developing a long-term relationship between our Canadian companies that will see us collaborate on future special mission aircraft opportunities."

Provincial Aerospace Ltd. is an international aerospace firm based in St. John's, Newfoundland, Canada, with a team of over 650 employees and business operations in 30 countries worldwide. Provincial Aerospace own and operate a fleet of 10 maritime surveillance aircraft and unmanned aerial vehicles (UAV's) under contract to industry, government and military clients worldwide and has extensive special mission modification and integration experience on a variety of aircraft platforms. It has international bases in Barbados, Trinidad and Tobago, and Curacao, Netherlands Antilles.

Bombardier Aerospace, with approximately 30,000 employees, is a world leader in the development of special mission aircraft for defence and security markets.

Photo: Bombardier 415MP variant for maritime surveillance.

For more information, contact:
Keith Stoodley
Senior Vice President - Business Development and Government Relations
Tel:  (709) 693-2972
Fax: (709) 576-1709


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