Esterline's CMC Integrated Glass Cockpit Selected for Korea Aerospace Industries' Peruvian Air Force Trainer

BELLEVUE, WA--(Marketwire - Feb 28, 2013) -  Esterline Corporation (NYSE: ESL) (www.esterline.com), a leading specialty manufacturer serving global aerospace/defense markets, today reported that its Montreal-based CMC Electronics subsidiary has been awarded a contract by Korea Aerospace Industries (KAI) to supply the integrated glass cockpit for 20 Peruvian Air Force turboprop trainer aircraft designated as KT-1P.

Esterline CEO Brad Lawrence said, "Esterline's Cockpit 4000 avionics solution allows KAI's trainer to emulate the advanced avionics of today's cutting-edge fighter aircraft. We provide a system that employs the latest in cockpit management technology, resulting in better and more rapidly trained pilots, at a far lower cost than conventional training."

Lawrence added, "Our avionics suite features proven operational flight programs that integrate the aircraft sensors, radios and weapons systems to provide a wide range of navigation and mission requirements. Momentum is building for demand of these capabilities."

KAI said it sees a market for about 200 basic trainers in South America. Esterline's Cockpit 4000 avionics systems are installed on 250 aircraft to date, for customers in eight countries. The Peruvian KT-1P is a variant of the successful KT-1 turboprop trainer. Its excellent handling qualities for all flight phases and superior performance, with low stall speed, spin recovery and advanced auto trim, make it one of the best solutions for military pilot training. Early last year, Esterline also completed deliveries of its CMC Cockpit 4000 avionics suite for the Turkish Air Force's 40 KT-1T trainer aircraft, supplied by KAI.

Korea Aerospace Industries is the Republic of Korea's national aerospace company, established in 1999 with the consolidation of Samsung Aerospace, Daewoo Heavy Industries and Hyundai Space and Aircraft. Its major products are the KT-1 basic trainer, T-50 advanced supersonic jet trainer, KUH Surion helicopter, aerostructures and the KOMPSAT satellite program.

Esterline CMC Electronics (www.esterline.com/avionicssystems) has achieved an international reputation for innovation and excellence in the design and manufacture of electronics products for the aviation market. Esterline's focus is on delivering innovative cockpit systems integration and CMC avionics solutions to its customers worldwide. The principal locations for CMC products are in Montreal, Quebec; Ottawa, Ontario; and Chicago, Illinois. CMC is a wholly owned subsidiary of Esterline Corporation (NYSE: ESL) (www.esterline.com), a specialized aerospace and defense company headquartered in Bellevue, Washington. Esterline employs over 12,000 people worldwide with manufacturing operations in 11 countries on four continents.