By | May 13 2010 9:34 AM

Phoenix Aerospace Inc., a wholly owned subsidiary of Phoenix International Ventures, Inc., has been awarded a Basic Order Agreement to manufacture, repair, modify, or develop support equipment for both the U.S. Navy and U.S. Marine Corps. The order also includes Foreign Military Sales (FMS). The five year contract did not list specific dollar amounts, but does include six types of equipment as candidates to be purchased by the Navy. The contract also may be amended to include additional types of equipment to be purchased from Phoenix Aerospace continually for five years.