WHIPPANY, N.J. Oct. 28, 2015 - The U.S. Coast Guard has contracted with Breeze-Eastern Corporation (NYSE MKT: BZC) to provide new hydraulic hoist controllers for their MH-65 search and rescue fleet. The contract provides for deliveries over the next three years with early deliveries acceptable and encouraged. Breeze-Eastern, the aerospace industry's only dedicated hoist and winch specialist, received this production contract after the completion of the design, development and qualification prototype contract.

The new controller will replace a 25-year-old legacy system. While maintaining the existing envelope size and specific required features, the new controller's interior is a compact modular design that will reduce maintenance costs and enhance the reliability of the system's performance. The fully funded firm fixed price contract is valued at $8.9M.

'Supporting the U.S. Coast Guard's lifesaving work is a point of pride for Breeze-Eastern,' said company President and Chief Executive Officer Brad Pedersen. 'So modernizing this critical rescue support equipment is an important and exciting opportunity.'

About
Breeze-Eastern Corporation is the world's leading designer and manufacturer of high-performance lifting and pulling devices for helicopters, military cargo aircraft, and other aerospace/defense platforms, including rescue hoists, winches and cargo hooks, and weapons-lifting systems.

Contact:
Mike Stolarz
Vice President, Business Development
570-784-0432

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