DALLAS, Sept. 18, 2012 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company") (Nasdaq:PMFG) today announced it was awarded a contract by the U.S. Navy's Naval Surface Warfare Center, Carderock Division (NSWCCD) to provide the air inlet moisture separation/filtration systems to replace the existing systems on the Arleigh Burke (DDG 51) class. The five-year, multiple-award, indefinite delivery, indefinite quantity firm-fixed-price contract could have a potential value of approximately $13.7 million, if all options are exercised. This order value will be added incrementally to the Company's backlog as purchase orders are released under the contract.
PMFG, Inc. (Parent Of Peerless Mfg. Co.) Notice Of Award Valued At $13.7 Million To Supply Air Moisture Separation And Filtration Systems To U.S. Navy
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