NetworkNewsBreaks – CubCrafters Inc.’s Fleet Modernization Contract with USDA Featured in Recent Articles

Company: CubCrafters Inc.
Category: News

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in recent articles published by FLYING Magazine and General Aviation News. The publications discuss selection of CubCrafters flagship certified CC19 XCub by the United States Department of Agriculture (“USDA”) Wildlife Services for a new government aircraft fleet modernization contract. “The XCub will be used in place of the USDA’s fleet of 30-plus-year-old legacy Piper PA-18 Super Cubs that are currently in service. The USDA utilizes turbine-powered helicopters and single-engine airplanes in multiple operations, such as the aerial application of herbicides, fertilizer and insecticides, surveying crops and wildlife, feeding fish, the application of seed in remote areas, and for support of wildland fire-fighting services. Airplanes are usually significantly less expensive to operate than helicopters, said Brad Damm, CubCrafters’ vice president of sales and marketing, noting the operational cost of one of their Cubs is about $250 per hour while a turbine-powered helicopter runs approximately $2,500 per hour,” the FLYING article reads. The piece further quotes Damm discussing deliverables under the contract. “The first two aircraft [for the USDA] are in production now and scheduled for delivery in August and September of 2023,” Damm said. “Under the contract, they have fixed price options to purchase additional aircraft in both 2024 and 2025. Our goal here at CubCrafters is to provide them with such a good platform (an aircraft that is more capable, more cost effective, and safer), that they ultimately replace their entire current fleet of around 40 legacy aircraft with the XCub.”

To view the full articles, visit https://nnw.fm/K212E and https://nnw.fm/2dRcw

About CubCrafters Inc.

Founded in 1980 by Jim Richmond, CubCrafters’ roots are in the 80+ year history of classic grassroots aviation, but the company’s products and services are innovative and completely modern. CubCrafters designs and manufactures experimental, LSA, and Part 23 certified aircraft. The Carbon Cub family of aircraft redefined expectations for the backcountry flying experience with innovative design, modern materials, powerful engines, and breathtaking performance. The company’s flagship XCub aircraft is offered in both nosewheel and tailwheel configurations, and substantially expands the mission profile of sport utility aircraft with higher speed, longer range and larger payload. The key to CubCrafters’ success is its ability to create unique value in the experience of personal adventure aviation. For more information about the company, visit www.CubCrafters.com.

NOTE TO INVESTORS: The latest news and updates relating to CubCrafters are available in the company’s newsroom at https://nnw.fm/CUB

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)

For more information please visit https://www.networknewswire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]

NetworkNewsWire is part of the InvestorBrandNetwork

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 512.354.7000