Allen-Vanguard receives $10 million order for electronic counter-measures equipment from Commonwealth customer
Category: Contracts
OTTAWA Allen-Vanguard Corporation of Ottawa, Canada today announced that it has received an order valued at USD $10 million for dismounted electronic counter-measures equipment for a Commonwealth customer.
The Company previously stated on May 15, 2008 with the release of its second quarter results for fiscal 2008 that it was processing approximately $50 million in expected orders for ECM equipment in the very near term. We are pleased to see this pending order progress to a formal contract, said David E. Luxton, Company President and CEO. This additional order underlines the continued confidence in our battle-proven counter-IED systems and services and we are proud to be supporting the vital mission of a key Commonwealth customer.
The Company stated that the order is scheduled for delivery through the fourth quarter of fiscal 2008 and the first quarter of fiscal 2009.