09:58 AM EST - FLYHT Aerospace Solutions Ltd. : Announced a contract renewal with an existing customer. The value of this renewal agreement with the airline is $3.1 million U.S., assuming the Company provides services over the full term of the five-year contract. The airline operates in Australasia and uses the Automated Flight Information Reporting System (AFIRSTM) and associated UpTimeTM capabilities to monitor and manage its aircraft. The operator has experienced significant benefits through the customized engine reporting FLYHT provides and will continue to use the FLYHTLogTM and FLYHTHealthTM software as a service (SaaS) products to optimize efficiencies. FLYHT Aerospace Solutions Ltd.
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