Today, Phoenix International Ventures, Inc. announced that its wholly owned subsidiary, Phoenix Aerospace Inc., received an aggregate of $1,047,000 in new purchase orders. One of the orders to design engine trailer adapters and the other is to supply ground support equipment to a major aerospace corporation.
Phoenix International Ventures, Inc.’s CEO Mr. Zahir Teja commented, “We are delighted to announce these latest purchase orders which give a great boost to the company. These orders bring our backlog to $7.4M. Since September 8, 2008, we have accumulated approximately $5.3M in new orders, of which $2.4M is from the U.S. Air Force for the design and manufacturing of new generation Aircraft Engine Trailers.”