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Article: The Allied Defense Group Receives Ammunition Order Exceeding $8 Million.
- Article from:
- PR Newswire
- Article date:
- October 10, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Order Calls For Four Different Types Of 25 mm Ammunition
Compliments Rapid Growth In Services Sector
Buttressed by Stronger Balance Sheet
VIENNA, Va., Oct. 10 /PRNewswire-FirstCall/ -- The Allied Defense Group, Inc. is pleased to announce MECAR S.A., its Belgian defense unit, has received orders exceeding $8 million from a returning Middle Eastern customer for delivery of ammunition during 2009. The Company's funded backlog now exceeds $168million.
The contract calls for the delivery of four different types of 25 mm ammunition. Mecar manufactures three of the four rounds while relying on a key subcontractor for the sourcing of the ...