March 19, 2012

S&K Aerospace gets $975 million contract

S&K Aerospace gets Air Force contract worth almost $1B

By Vince DevlinS&K Technologies had somewhere between 40 million and a billion reasons to celebrate Friday.

One of the firm’s seven companies, S&K Aerospace, landed a U.S. Air Force contract worth almost $1 billion, CEO Tom Acevedo confirmed.

While the bulk of the money will go to purchasing and repairing military equipment for more than 80 nations around the world, the contract will be worth $40 million to $50 million to S&K Aerospace to oversee the program for the next five years.

The $975 million contract is triple that of any previous contract S&K, owned by the Confederated Salish and Kootenai Tribes, has been awarded.
Comment:  Kinda funny that people think Indians are sitting around bemoaning the past and collecting welfare checks. Actually, they're creating and running multimillion-dollar companies whenever they can.

For more on Native business, see Chippewa Graphics and Tribal Grounds at Mitsitam Coffee Bar.

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