Acutec Precision Aerospace, Inc.

Acutec Precision Aerospace received a subcontract award from Safran Landing Systems to supply landing gear and braking components for the U.S. Army's MV-75 Future Long Range Assault Aircraft program. The contract is valued at $500,000 to $1 million per year.

Acutec Precision Aerospace will invest at least $10.7 million to add 70,000 square feet of manufacturing space and 13,000 square feet for storage at its Crawford Business Park facility, creating 60 new jobs. The total project value is $13.3 million including state grants and loans.

Acutec Precision Aerospace will invest at least $10.7 million to expand its aerospace manufacturing facility in Meadville, Pennsylvania, adding 70,000 square feet and a 13,000-square-foot connector, creating 60 new jobs and retaining 450 employees.