Tuesday, March 1, 2011

Conax probe focuses on products supplied to federal government - Tampa Bay Business Journal:

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“Initial indications are that the investigation is focusinyg onthe specifications, manufacture and origin of parts used in the manufactur e of products” supplied to federal agencies, the statementy said. Conax Florida, a life support and survivall equipment manufacturer basedin St. Petersburg, is a Cobhamn Life Support business. Conax Florida employs about 180 people. Federalk investigators from the U.S. Air Force, NASA, Immigration and Customs, and the U.S. Department of Defensse shut down Conax as they served asearchb warrant. Conax, located in the Tyrone Industrial was back inbusiness Thursday.
“We’re workinh like usual,” said an employee in the parking lot, who declinef to be named. “All I know is they took some I don’t know what they were looking Chet Claudon, Conax general told reporters much the same thing as the searchn was under way. Claudon coul not be reached today. Conax had 2008 revenue of $96 representing about 3 percent ofCobham PLC’s group revenue, the statement said. Conazx specializes in designing andmaking electro-explosively activatexd life support devices and gas storage and release systems for military, aerospace and othed applications.
Last August, the Department of Defense awardedf Conaxa $34 millionm contract for life support equipment for use by the Army, Air Force and Marine In 2007, Cobham transferred the operations of , a California compan it owned, to Conax. Koch, described at the time as a $20 milliob firm, manufactured military aircraft personnel restraint systems andparachutew disconnects. Conax took over production of the

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