Omni-Lite Inks $4.8 Million Aerospace Contract

By Juliet Van Wagenen | August 12, 2016
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[Avionics Today 08-12-2016] Omni-Lite Industries, a technology company that develops and manufactures mission-critical, precision components, has received a new $4.8 million, three-year contract from an unnamed major aerospace customer. Additional value could accrue to this program as the contract can be amended to include new components at any time during the contract term.

"This contract increases the Company’s current backlog to $11.1 million," said Omni-Lite CFO Tim Leybold.

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