Crane Chooses CRS Jet Spares as Authorized Distributor

March 16, 2016
CRS will serve as a worldwide distributor for SmartStem Wireless Tire Pressure Indication Systems that can be retrofitted to Boeing, Bombardier, and Gulfstream aircraft.

LYNNWOOD, Wash. – March 14, 2016 – Crane Aerospace & Electronics, a segment of Crane Co. (NYSE:CR), announces the appointment of CRS Jet Spares, LLC, as authorized distributors of SmartStem for the business and regional jet markets.

Under the terms of the agreement, CRS will serve as a worldwide distributor for SmartStem Wireless Tire Pressure Indication Systems that can be retrofitted to Boeing, Bombardier, and Gulfstream aircraft.

SmartStem provides a significantly improved method for measuring and recording aircraft tire pressure and managing tire maintenance. Crane’s patented technology offers operators the ability to check tire pressure quickly, accurately and without gas loss.

Rick Jones, Crane Senior Vice President explains, “Aviation authorities have acknowledged the important role that regular tire pressure checks play in aviation safety. SmartStem is broadly recognized as a cost-effective tool for making tire pressure checks easier and more accurate for business and regional jets. With over tens of thousands of these aircraft in service, business and regional jet operators are an important part of our overall aftermarket business. We are confident that CRS’s experience and excellent reputation make them the right choice to better serve this market with a positive game-changer for aviation safety.”

Boeing has approved SmartStem installation via amended Type Certificate on 737NG Boeing Business Jets, and Crane has received FAA, Transport Canada Civil Authority (TCCA), and European Aviation Safety Authority (EASA) Supplemental Type Certificates (STCs) on a variety of Bombardier and Gulfstream aircraft, including:

• Bombardier Challenger 300, 350, 600, 601, 604, and 605; Global Express; Global 5000; Global 6000; and CRJ 100, 200, 440, 700, 705, and 900

• Learjet 24, 25, 28, 29, 31, 35, 36, 40, 45, 55, 60, 70, and 75

• Gulfstream G300, G350, G400, G450, G500, and G550

About Crane Aerospace & Electronics

Crane Aerospace & Electronics delivers proven systems, reliable components and flexible power solutions that excel in tough environments, from engines and landing gear to satellites, missiles and electronic countermeasure devices. Products and services are organized into six integrated solutions for aerospace and defense applications, including Sensing Components & Systems, Fluid Management, Power Components & Subsystems, Landing Gear Systems, Cabin Systems, and Microwave Components & Integrated Systems. For more information, visit www.craneae.com.

About Crane Co.

Crane Co. (NYSE: CR) is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane employs more than 11,000 people at over 150 locations in 26 countries. For more information, visit www.craneco.com.

About CRS Jet Spares:

CRS Jet Spares is a globally recognized aftermarket support company serving the business jet community since 1982. Programs include sales, exchange, provisioning rental and managed repair options.