09:53 AM EST - Avcorp Industries Inc. : said it signed an agreement with Cessna Aircraft Co. to supply the tail assembly for Cessna's new Citation CJ4 business jet. The agreement includes detail-tooling fabrication along with manufacture, assembly, product support and spares for the Citation CJ4. The company expects to generate approximately US $110 million in revenue from the contract over the first ten years of the life of the aircraft. Avcorp Industries Inc.
shares T.AVP are trading up 1 cent at $1.19.
