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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.

Allen-Vanguard
06.06.2008

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