Log in to use our free company, program and sector update tracker feature.

Front page

ATG press statement

Since suspending the development of the Javelin in late December 2007, the Aviation Technology Board of Directors has continued to engage in negotiations with its strategic partner and various financial institutions. These discussions include developing alternatives to continue operations in the short-term as well as long-term options.

Much of the focus over the last several weeks has been in renegotiating both credit and teaming agreements. We are pleased to report that this task has been accomplished.

The efforts of the Board are now focused on negotiations with interested parties pursuing a possible sale or a majority buyout of ATG.

Multiple teams are pursuing a list of potential buyers. Though subject to change, the general plan in this regard is to ask for best and final offer bids from prospective buyers to reach ATG within the next few weeks. At that point the board will review all bids and negotiate with interested parties.

Press release issued by on March 4, 2008


 Contact details from our directory:

Enhanced listings:

Ascent Aerospace
Ascent Aerospace is the leading provider of aerospace tooling systems, assembly automation and factory integration.

Valence Surface Technologies
The leading metal processing company serving the global aerospace industry. Valence’s ten facilities offer full-service capabilities: NDT, shot peen, chemical processing, paint, and other coatings.

General Plastics Manufacturing Co.
General Plastics has been supplying OEMs, Tier 1 and Tier 2 companies with flame-retardant foam core materials and custom flexible foam molded parts for aircraft flight decks and interior cabins for over 50 years.

USA Borescopes
USA Borescopes is a global supplier of world class visual inspection equipment. We are the one stop source for aviation professionals.

MW Industries, Inc
Design and manufacture springs, fasteners and related products for aerospace including: engine components, flight controls, propulsion, landing gear, interiors, avionics, and space exploration vehicles.

See our advertising tariff.


Monthly page limit exceeded. Please buy a subscription.

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2016. Terms & Conditions of reading.