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Alabama Aircraft Industries Announces Award Of Small Business FAST Contract

Alabama Aircraft Industries, Inc. (Pink Sheets: AAII) announced today that it has been awarded a prime contract under the Small Business Acquisition & Sustainment Tool solicitation (SbAST) from the United States Air Force, Warner Robins Air Logistics Center (WRALC). SbAST is a contract vehicle intended to meet the acquisition and sustainment support needs for all Air Force operated systems, sub systems or components not in new development. SbAST includes maintenance, modification, enhancement and spares support. AAII is one of five contractors awarded the new five-year program that is a Multiple Award, Indefinite Delivery Indefinite Quantity contract worth an estimated ceiling value in excess of $400 million.

Ron Aramini, President and Chief Executive Officer of AAII said, “SbAST is a very valuable tool for the United States Air Force (USAF), enabling it to procure quality and cost effective services for a broad range of assets in a timely manner. AAII is very pleased to again be working with the USAF and WRALC as a major prime contractor for aircraft maintenance and modification services. The USAF is one of AAII’s historical customers, and our long-term relationship with them and WRALC is very important to us. We look forward to providing the highest quality product, schedule reliability and the most cost effective services available in our industry.”

About Alabama Aircraft Industries

Alabama Aircraft Industries, Inc., with executive offices and facilities in Birmingham, Alabama, performs maintenance and modification of aircraft for the U.S. Government and military customers. The Company also provides aircraft parts and support and engineering services.

Copyright Business Wire 2010

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