Combustion Intake Air Filtration Systems News

PMFG, Inc. (Parent of Peerless Mfg. Co.) Notice of Award Valued at $13.7 Million to Supply Air Moisture Separation and Filtration Systems to U.S. PMFG, Inc. (Nasdaq:PMFG) has announced it was awarded a contract by the U.S. Navy's Naval Surface Warfare Center, Carderock Division (NSWCCD) to provide the air inlet moisture separation/filtration systems to replace the existing systems on the Arleigh Burke (DDG 51) class. The five-year, multiple-award, indefinite delivery, indefinite quantity firm-fixed-price contract could have a potential value of approximately $13.7 million, if all options are exercised. This order value will be added incrementally to the Company's backlog as purchase orders are released under the contract.