Adacel Technologies Limited (ASX: ADA) announced a renewed contract with the United States Air Force (USAF) to continue providing services for the Tower Simulator System (TSS) program. The contract, extending until February 2029, includes a base year with an option for four additional years, totaling a value of USD$27 million. Adacel has been the prime contractor for the TSS program since 2002, supporting units across the USAF, Air Force Reserve Command, and Air National Guard.
The scope of work involves program management, system performance, maintenance, technical support, and software enhancements. Adacel's CEO emphasized the company's commitment to delivering top-tier air traffic control training solutions. The USAF expressed satisfaction with the partnership, citing Adacel's innovative enhancements and customer support as key advantages for their air traffic controller community.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.