Era a.s., a subsidiary of SRA International, Inc. (NYSE: SRX), today announced that Finavia, Finland’s air navigation service provider (ANSP), has selected Era to supply 135 of its latest-generation Squid® vehicle tracking units at the Helsinki Airport in Finland. The Squid units will support the airport’s advanced surface movement guidance and control system (A-SMGCS). With more than 170,000 take-offs and landings in 2009, Helsinki Airport is Finland’s busiest airport and the leading long-haul airport in Northern Europe, as ranked in number of destinations. Due to the amount of ground movements, Finavia sought vehicle tracking units that could best provide air traffic controllers with complete surface situational awareness to enhance the safety and efficiency of ground operations at Helsinki Airport. “Helsinki Airport will soon join a rapidly growing list of airports worldwide who realize the safety and efficiency benefits our vehicle tracking units provide,” said Era Systems Corporation Senior Vice President Kevin Layton. “Squid units are unique in that they work seamlessly with any multilateration and ADS-B solution an airport may be utilizing.” Era Squid units are ADS-B transmitters that are easily mounted on top of airport vehicles. The units constantly and automatically transmit vehicle locations and identification to air traffic controllers, ensuring that a complete picture of all aircraft and vehicles is available to controllers at all times—in all visibility and weather conditions. Era Squids feature an area management function that allows users to define boundaries in and around an airport where the units will automatically turn on and off transmissions. This allows for busy airports to limit the amount of non-essential surface transmissions. Era a.s. provides integrated next-generation air traffic management solutions that address core challenges like safety, efficiency, profitability and functionality. Its innovative use of proven next-generation technologies, like multilateration and ADS-B, help air navigation service providers (ANSPs) and airport operators ease capacity constraints; enhance safety, improve airspace and ground space efficiencies; and reduce costs. SRA does not announce sales amounts for individual Era contracts; Era contracts for their air traffic management business typically range in value of $1-2 million, and may be up to $5 million.
SRA International (NYSE:SRX) hit a new 52-week high Wednesday as it changed hands at $29.89 compared with its previous 52-week high of $27.70. SRA International is currently trading at $28.48 with 990,877 shares changing hands as of 3:01 p.m..