| CAV International Wins $57MM Airfield Contract with US Navy in Rota, Spain |
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06:02 GMT, August 25, 2010 GREENVILLE, S.C. | CAV International Inc., a US Government outsourcing contractor with expertise in airfield services & logistics, announces that the United States Navy has awarded CAV International a new multi-year contract for Air Terminal and Ground Handling Services at Naval Air Station-Rota, Spain. The annual contract value is $10,505,433, but total value assuming all Options are exercised in out-years will be $57,469,122. CAV (pronounced as in "cavalry") is a subsidiary of Ranger International Services Group, a private equity consolidator specialized in aerospace/defense services. The General Manager for the Spain operation will be Paul Chamberlain, who is CAV International's Vice President of Europe, Middle-East and Africa. |
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Company or Organisation Portrait:
CAV International is one of the three operating subsidiaries of Ranger International Services Group, Inc. Ranger is a private equity consolidation platform that buys and builds aerospace/defense services companies. Ranger and its co-investors add value to acquired companies via seasoned veterans experienced in an array of aerospace/defense operations, business services, marketing, engineering, and private equity. CAV International, Inc. was ranked #573 on the coveted "Inc. 5000" with three-year sales growth of 471% from 2005 through December 31, 2008. Sister companies of CAV are US Logistics and Ranger TechWorks. |