Press Releases
Butler National Corporation
FOR IMMEDIATE RELEASE
June 3, 2003 |
For More Information, Contact:
William A. Griffith, Investor Relations
913-780-9595
Jim Drewitz, Investor Relations
972-355-6070
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BUTLER NATIONAL CORPORATION ANNOUNCES ARIZONA'S
5th DISTRICT CONGRESSMAN J.D. HAYWORTH AND OFFICIALS FROM
THE BOEING COMPANY VISIT TEMPE, ARIZONA PLANT
- Visit was designed to raise awareness of the Block III
Apache Helicopter Continuation Program -
[OLATHE, KANSAS], June 3, 2003 - Butler
National Corporation (OTC Bulletin Board "BUKS"),
announces Arizona's 5th District Congressman, J. D. Hayworth
and officials from Boeing visited Butler's new and expanded
manufacturing facilities in Tempe, Arizona on Thursday, May
29, 2003. Warren Wagoner, Chairman of Butler National, welcomed
Congressman Hayworth and nine officials from Boeing, including
Al Winn, Vice President of Apache Programs, to raise awareness
of the Block III Apache Helicopter Continuation Program.
Boeing in Mesa, Arizona builds the Apache Attack Helicopter.
The U. S. Army and the Boeing Company are drawing plans for
the next generation Apache that will be even more powerful
than the current versions. Called the Block III Apache, it
is a third generation version that was first built in 1984.
Although production of the new Apache is contingent on future
funding by Congress, the Block III concept has been endorsed
by the Pentagon's acquisition chief as part of the U.S. Army's
modernization plan. A total of 284 Block III Apaches would
be produced under current plans.
Butler's Avionics and Modifications Segments supply defense
and commercial aviation products to Boeing. These products
include Gun Control Units for the Apache Helicopter and Hangfire
Override Modules for all Boeing derived Chain-Gun cannons
and various ordnance related firing controls, cabling and
test equipment.
About Butler National Corporation:
Butler National Corporation operates in the Aerospace and
Services business segments. The Aerospace segment focuses
on the manufacturing of support systems for "Classic"
commercial and military aircraft including the Butler National
TSD for Boeing 737 and 747 Classic aircraft, switching equipment
for Boeing/Douglas Aircraft, weapon control systems for Boeing
Helicopter and performance enhancement structural modifications
for Learjet, Cessna, Dessault and Raytheon business aircraft.
Services include electronic monitoring of water pumping stations,
temporary employee services, Indian gaming services and administrative
management services.
Forward-Looking Information:
The information set forth above may include "forward-looking"
information as outlined in the Private Securities Litigation
Reform Act of 1995. The Cautionary Statements, filed by the
Company as Exhibit 99 to the Company's Annual Report on Form
10-K, are incorporated herein by reference and investors are
specifically referred to such Cautionary Statements for discussion
of factors which could affect the Company's operations and
forward-looking statements contained herein.
For more information, please visit the Company web site:
www.butlernational.com
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