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John Bean Technologies Corporation : JBT Corporation Announces United States Air Force Contracts for Halvorsen 25K Services

03/30/2012| 09:50am US/Eastern
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CHICAGO, March 30, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) announced today that its JBT AeroTech business has been awarded program engineering support and material management contracts totaling more than $7 million by the United States Air Force to support their fleet of Halvorsen 25K Loaders. The contracts continue through March 2013.

The Halvorsen 25K Loader is used by the military to load, unload and transport palletized cargo as well as rolling stock (vehicles) on both military and commercial aircraft. JBT AeroTech has now delivered over 490 Halvorsen 25K Loaders to the United States Air Force, Navy, Army and other international forces.

"We are very proud to continue providing the U.S. Air Force with mission critical engineering and logistics support for their worldwide Halvorsen fleet," said John Lee, Vice President and Division Manager, JBT AeroTech.

JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to the food processing and air transportation industries. JBT Corporation designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT Corporation employs approximately 3,300 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information please visit www.jbtcorporation.com or www.jbtaerotech.com.

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. These risks and uncertainties are described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission that may be accessed on the Company's website. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.

SOURCE JBT Corporation

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