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Company News

Market wrap: ASX 200 closes below 7000-point mark despite a tentative recovery
The Australian share market took a couple of tentative steps in the upwards direction after a tough week in which the ASX 200 fell decisively below the important 7000-point mark. By the Friday close the index had limped upwards 0.4% or 28.7 points to 6,954.2 points after two positive days which followed on from a […]

Adacel Technologies wins $93m air traffic control contract with US aviation authority
Air traffic management solutions company Adacel Technologies (ASX: ADA) has secured a $93 million contract with the US Federal Aviation Administration (FAA) to provide support services for a network of tower simulation systems (TSS). The scope of work will feature maintenance and support of TSS hardware and a full-scale technical refresh of all major components […]

Adacel Technologies widens air traffic coverage in French overseas territories
Industrial technology provider Adacel Technologies (ASX: ADA) has signed a contract to install two new air traffic management (ATM) systems for the French overseas territories of Guadeloupe and Martinique in the Caribbean. The deal was signed with the Directorate of Air Navigation Services of France (DSNA), to provide air-traffic controllers in Guadeloupe and Martinique with […]