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Federal Signal Corp FSS

Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include Environmental Solutions Group and Safety and Security Systems. The Environmental Solutions Group is a manufacturer and supplier of a full range of street sweepers, sewer cleaners, industrial vacuum loaders, safe-digging trucks, water blasting equipment, road-marking and line-removal equipment, dump truck bodies, trailers, metal extraction support equipment and multi-purpose tractors. It manufactures vehicles and equipment in the United States and Canada that are sold under the Elgin, Vactor, Guzzler, TRUVAC, Westech, and Jetstream. The Safety and Security Systems Group is manufactures and supplier of comprehensive systems and products that law enforcement, fire rescue, emergency medical services, campuses, military facilities, and industrial sites use to protect people and property.


NYSE:FSS - Post by User

Bullboard Posts
Post by TopDog2on Jul 18, 2011 7:32am
107 Views
Post# 18841302

Let's Play Connections

Let's Play Connections

Meggitt wins battery contract

Securaplane Technologies, a subsidiary of Bournemouth-based Meggitt, has won a multi-million dollar contract from Gulfstream for its advanced lithium battery system.

Gulfstream Aerospace will equip its new flagship G650 aircraft with Securaplane's battery systems.

This is said to be the first Gulfstream aircraft to feature the technology, that is 50 per cent lighter than conventional NiCad or lead acid batteries and has a higher energy density.

Shubayu Chakraborty, president of Securaplane, said: "Gulfstream's decision to pioneer this exciting technology is a very significant milestone in the development of this technology in the business jet sector. Like the large transports, business aircraft will benefit significantly from these lower weight, higher performance systems that provide opportunities for maintenance economies over the life of the aircraft."

The G650 contract is estimated to be worth tens of millions of dollars over the lifetime of the programme.

Last month (June), aerospace engineering company Meggitt appointed Brenda Reichelderfer as a non-executive director of the company.

Reichelderfer is senior vice president and managing director of TriVista, a consulting business working in the private equity sector. She is also a member of the Technology Transfer Group of the Missile Defense Agency and a non-executive director of Federal Signal Corporation and Wencor Aerospace.

Bullboard Posts