Magellan Announces $425 Million Contract with Rolls-Royce

Magellan Aerospace Corporation announced today that it has reached agreement with Rolls-Royce Plc and Rolls-Royce Deutschland Ltd & Co KG to manufacture mainline shafts and stub shafts for various Rolls-Royce engine programs. The work will be performed on these flight safety critical rotating parts at Magellan's Middleton Aerospace facility in Haverhill, MA. It is estimated that the gross program revenue will be approximately $US 425 million over the 15-year term of the agreement.

"Magellan has a longstanding business relationship with Rolls-Royce, and is pleased to enter this agreement and further expand the relationship," stated Jim Butyniec, President and CEO of Magellan Aerospace Corporation. He noted that "This advancement continues Magellan's strategy to expand its core manufacturing capabilities and to invest in state-of-the-art equipment to maintain competitiveness in the global marketplace."

CAE wins military contracts valued at more than C$100 million

- Royal Netherlands Air Force expands CH-47 Chinook training at CAE's MSHATF - German Army enhances CAE GESI command and staff training system

(TSX: CAE)(NYSE: CAE) - CAE today announced a series of military contracts with the Netherlands, Germany, and other global defence forces. The contracts, valued at more than C$100 million, include a major contract with the Royal Netherlands Air Force (RNLAF) to expand CH-47 Chinook helicopter training at CAE's Medium Support Helicopter Aircrew Training Facility (MSHATF) in the United Kingdom.

"Our MSHATF continues to be the most advanced helicopter training facility of its type in the world, and a perfect example of CAE's capabilities as a training systems integrator," said Martin Gagne, CAE's Group President, Military Products, Training and Services.

CAE awarded military contracts valued at more than C$75 million

CAE (TSX: CAE)(NYSE: CAE) today announced a series of military contracts awarded over the past two months valued at more than C$75 million. Included in this total are a number of defence and professional services contracts to support military and homeland security programs in Canada and the United Kingdom as well as a range of other military products and services contracts.

"Growth in our defence and professional services segment continues to be an area of strategic importance for CAE, and we continue to see opportunities for extending the use of modelling and simulation to analysis, training and operational systems," said Martin Gagne, CAE's Group President, Military Simulation Products, Training and Services. "Our acquisition of xwave's Defence, Security, and Aerospace business earlier this year has brought CAE a range of new capabilities in areas such as electronic warfare and tactical mission training, which we are now beginning to harness."

Astrotech Reports Financial Results for Fourth Quarter and Fiscal Year 2009 and Announces Exploration of Strategic Alternatives

Astrotech Corporation (NASDAQ: ASTC) today announced financial results for its fourth quarter and fiscal year ended June 30, 2009.

“This reporting period commemorates our return to profitable earnings and the completion of the turnaround for Astrotech that started in January 2007,” said Thomas B. Pickens III, Chairman and CEO. “The Company is now on a firm foundation and I feel very confident about the future of Astrotech and its expected earnings going forward.”

Fourth Quarter Results
The Company posted a fourth quarter fiscal year 2009 net income of $2.6 million, or $0.15 per diluted share on revenue of $10.4 million compared with a fourth quarter fiscal year 2008 net loss of $1.5 million, or $(0.11) per diluted share on revenue of $6.1 million.