Cessna Aircraft has selected Radiant Power Corp, a subsidiary of HEICO Corporation (NYSE: HEI, HEI.A), to design and manufacture emergency power supplies for the new Latitude business jet.
Radiant Power, which announced plans in July to enlarge its Manatee County plant and add jobs, has now expanded its relationship with Cessna Aircraft through a new contract for an emergency power supply on the new Latitude aircraft.
Radiant Power plans to offer Cessna customers a product that will reduce maintenance costs in the field. The company will incorporate the benefits of its already tested designs. Through sophisticated design concepts and proven battery technologies, Radiant Power has developed circuitry to reduce both the storage and field maintenance requirements, according to Chuck Schofield, Sr. Vice President for Radiant Power Corp.
“This new design will bring new levels of reliability to this advanced aircraft design," Schofield said. "The Radiant team is grateful for the trust Cessna Aircraft has put in our organization and in our ability to support the Latitude platform for many years to come.”
The company opened its manufacturing facility near the Sarasota-Bradenton airport in 1999. Radiant Power Corp. is focused on the design and manufacture of emergency power supplies, power distribution and controls, sensors and indicators, and passenger comfort products for the aerospace and military markets.
HEICO Corporation, the parent company, is engaged primarily in certain niche segments of the aviation, defense, space, medical, telecommunication and electronic industries through its Flight Support Group and its Electronic Technologies Group. HEICO's customers include a majority of the world's airlines as well as numerous defense and space contractors and military agencies worldwide in addition to medical, telecommunication and electronic equipment manufacturers.