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read moreAdacel gets $5m order from Lockheed Martin
Stan Beer
Friday, 07 October 2005 10:00
Aviation simulation software provider, Adacel (ASX:ADA) has received a further $5 million contract extension to provide software support to Lockheed Martin for the US Federal Aviation Administration's Advanced Technologies and Oceanic Procedures (ATOP) program.
The FAA's ATOP system is being established to modernise air traffic control throughout US oceanic airspace. In June, the system became fully operational at the FAA's New York centre, responsible for controlling US airspace in the North Atlantic.
The ATOP system is also being implemented at the FAA's Oakland (California) and Anchorage (Alaska) centres controlling the Pacific and Arctic regions.
Adacel supplied oceanic air traffic management automation software for the ATOP program, for which Lockheed Martin Transportation and Security Solutions serves as overall systems integrator.
When fully implemented, ATOP is expected to be the world's most advanced oceanic system.
ADA closed up 1c to finish on 26c in a light day of trading.
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