St. John's, Newfoundland and Labrador, June 5, 2009 - Senator Fabian Manning announced today that Provincial Aerospace Ltd., has been awarded a five-year contract valued at $75 million to provide maritime surveillance services to the Government of Canada.

"The awarding of this contract is a confirmation of the Government of Canada's confidence in our company's ability to execute one of the most exciting and innovative public-private partnerships in Canada today," says Brian Chafe, Provincial Aerospace's Chief Operating Officer. "This contract will ensure the seamless continuation of surveillance activities for Canada's oceans."

Senator Manning acknowledged the contribution of Provincial Aerospace and Fisheries and Oceans Canada's fishery offices in executing one of the most effective maritime surveillance programs in the world by asserting Canada's sovereignty, providing search and rescue support and pollution monitoring. "Their contributions are vital to ensuring the continued economic sustainability of our fisheries and the safety and security of this great country," says Senator Manning.

Under this new contract, Provincial Aerospace will continue to provide dedicated maritime surveillance services using its fleet of four specially modified and equipped Beechcraft King Air B200 aircraft stationed in St. John's, Halifax and Comox. A key feature of the program is the incorporation of unique design innovations that Provincial Aerospace developed over its 25 year history modifying and operating Maritime Patrol Aircraft as well as the addition of next generation technologies.

"With Provincial Aerospace's 130,000 hours of maritime surveillance experience, we are second to none in the world," says Derek Scott, Vice President of Provincial Aerospace. "The systems and expertise we have developed are marketable worldwide."

Over the past several years, Provincial Aerospace has signed contracts to provide maritime surveillance aircraft, operational support and training for the Netherlands Antilles, Malaysia and the United Arab Emirates; all a direct result of the experience realized from the company's work with the Government of Canada.

During the announcement at Provincial Aerospace's headquarters, Mr. Chafe formally acknowledged the contribution of the company's employees and the Fisheries and Oceans offices that support the activities of the contract.

Provincial Aerospace Ltd. is an international aerospace firm based in St. John's, Newfoundland, Canada, with a team of over 750 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.

For more information, contact:

Keith Stoodley
Senior Vice President - Business Development and Government Relations
Email: kstoodley@provair.com
Tel:  (709) 693-2972
Fax: (709) 576-1802

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