Hi-Shear Awarded Recovery Sequencer Contract

14-Apr-2005
Hi-Shear Technology Corporation, Torrance, CA (AMEX: HSR) today announced that it has been awarded a $3.5 million contract by the U.S. Department of the Navy, Mechanicsburg, PA, to manufacture, test and deliver analog recovery sequencers. Deliveries are expected to begin in March 2006.

The analog recovery sequencer produced by the Company is fitted on the pilot’s seat of an advanced fighter aircraft and controls the ejection process for the pilot from the time the ejection “button” is hit to the deployment of chutes and chute release on landing. The recovery sequencer is used on the, F-15, F-16, F-22, F-117, and A10 fighter aircrafts, including the B-1 and B-2.