Oct 16th 2009, 08:00

Raven's Aerostar Subsidiary Announces Inital Delivery Orders Under Five-Year Parahute Contract

SIOUX FALLS, S.D., Oct. 14 /PRNewswire-FirstCall/ -- Aerostar International,Inc., a wholly owned subsidiary of Raven Industries, Inc. (Nasdaq: RAVN), announced today that it has been awarded $12.2 million under a five-year, IDIQ (indefinite delivery indefinite quantity) contract for the production of US Army T-11 personnel parachutes. The parachutes under this first order are expected to shi...

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