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Article: The Allied Defense Group Announces Ammunition Orders for Approximately $10.4 Million.
- Article from:
- PR Newswire
- Article date:
- December 13, 2007
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VIENNA, Va., Dec. 13 /PRNewswire-FirstCall/ -- The Allied Defense Group, Inc. today announced that its U.S.-based ammunition company, MECAR USA, has been awarded a $10.4 million order for the benefit of the United States military in support of Operation Iraqi Freedom.
The order calls for 39 million rounds of small caliber ammunition, which will be brokered by ADG. Deliveries are scheduled to occur in 2008.
Major General (Ret) John J. Marcello, The Allied Defense Group's Chief Executive Officer and President, said, "To help smooth out some of the financial peaks and valleys in our Ammunition and Weapons Effects businesses, as well as to reduce reliance ...