Fairfax, Virginia – April 9, 2020 – MAG Aerospace proudly donates $10,000 to the PENFED Foundation COVID-19 Response Effort to help veterans, military members and families across the Nation and all branches of service as they navigate through the COVID-19 crisis. The economic impact of COVID-19 has threatened the financial stability of millions of Americans, including our military community.
On Tuesday, March 17, the PenFed Foundation launched the COVID-19 Emergency Financial Relief Program open to all Veterans, Active Duty, Reserves and National Guard who are experiencing a financial setback due to the negative economic effects of the COVID-19 pandemic. In four days, over 6,000 service members and veterans applied for help. The Foundation is prioritizing assistance to those who have lost their primary/only income or have an increased financial burden as a direct result of the COVID-19 pandemic.
About the PENFED Foundation
The PENFED Foundation is a 501c(3) non-profit of the Pentagon Federal Credit Union which was created after 9-11 to support our service members and veterans. The Credit Union pays the majority of the PENFED Foundation expenses so that over 95 percent of every donor dollar goes to our beneficiaries.
About MAG Aerospace
MAG Aerospace, headquartered in Fairfax, Virginia, is a leader in providing and enabling technology to deliver real-time situational understanding and help its customers make the world smaller and safer. MAG delivers full spectrum C5ISR Services (integration, operations, training, and technical services) and other specialty aviation to federal, international, civilian, and commercial customers around the world. MAG’s team of 1,200+ C5ISR professionals deliver C5ISR and other technology solutions on six continents in support of its customers’ missions. For more information on MAG Aerospace, please visit www.magaero.com.