News
Fairchild Controls Enters Strategic Partnership with Firstec Co., Ltd
June 28, 2010
Fairchild Controls, an EADS North America company, has entered into a strategic partnership with Firstec Co., Ltd, to provide cooling equipment for the Republic of Korea (ROK) Air Force fleet of F-16 fighter jets. The companies have also agreed to jointly develop thermal management systems for new aerospace and defense applications in the ROK. The partnership could result in new business opportunities on Korean military helicopters and combat aircraft worth up to $10 million.
Firstec Co., Ltd., is a Korean company that produces electrical and mechanical assemblies and controls that are installed on aerospace and military platforms around the world.
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The president of Fairchild Controls, Scott Selle, and CEO of Firstec, YW Jeon, signed the agreement on June 9 during a ceremony at Fairchild Controls’ headquarters in Frederick, Maryland. Senior executives from both companies were on hand to take part in the ceremony and witness the signing of the agreement.
“Fairchild Controls has successfully collaborated with Firstec in the development of an environmental control system for the ROK”, said Selle. “This agreement signifies our continued commitment to developing new technologies and expanding our global footprint as we move forward in growing the company."
About Fairchild Controls Corporation (www.fairchildcontrols.com)
Fairchild Controls designs and manufactures vapor cycle systems, air management systems, control electronics and air turbine drives for military and commercial aerospace and defense applications. Fairchild Control's vapor cycle systems and air management systems provide cooling for externally mounted aircraft pods that carry targeting, navigation, reconnaissance, and electronic countermeasure systems for U.S. and foreign military services. The company's air turbine drives supply supplemental hydraulic and electrical power for a variety of aircraft. Fairchild Controls is a business unit of EADS North America, and is headquartered in Frederick, Maryland.
About EADS North America (www.eadsnorthamerica.com)
EADS North America is the North American operation of EADS, a global leader in aerospace, defense and related services. As a leader in all sectors of defense and homeland security, EADS North America and its parent company, EADS, contribute over $11 billion to the U.S. economy annually and support more than 200,000 American jobs through its network of suppliers and services. Operating in 17 states, EADS North America offers a broad array of advanced solutions to its customers in the commercial, homeland security, aerospace and defense markets.