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Global Digital Solutions, Inc. and Planned Merger Partner Airtronic USA, Inc. -- Announces "Substantial Contract" For Airtronic -- the Largest Woman-Owned Small Arms Manufacturer in the United States
Global Digital Solutions, Inc. and Planned Merger Partner Airtronic USA, Inc. -- Announces "Substantial Contract" For Airtronic -- the Largest Woman-Owned Small Arms Manufacturer in the United States.
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[{"type":"text","content":"\n\n\n\n\n\n\n\nGlobal Digital Solutions, Inc. and Planned Merger Partner Airtronic USA, Inc. -- Announces \"Substantial Contract\" For Airtronic -- the Largest Woman-Owned Small Arms Manufacturer in the United States\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nGlobal Digital Solutions, Inc. and Planned Merger Partner Airtronic USA, Inc. -- Announces \"Substantial Contract\" For Airtronic -- the Largest Woman-Owned Small Arms Manufacturer in the United States\n\nContract is the first in what is expected to be a series of contracts involving Airtronic's weapons-related core business products\n\nPR Newswire\n\nPALM BEACH, Fla., May 30, 2013\n\n\n\n\n\n\n\nPALM BEACH, Fla., May 30, 2013 /PRNewswire/ -- Global Digital Solutions (OTC PINK:GDSI), a company that is positioning itself as a leader in providing knowledge-based and culturally attuned social consulting and security-related solutions in unsettled areas, announced today that Airtronic USA (\"Airtronic\") has received the first in what is expected to be a series of contracts involving the company's core business products. \n\n\nOn August 20, 2012, the GDSI and Airtronic announced that they had signed a letter of intent to enter into good faith discussions involving a potential strategic combination in which Airtronic would be acquired by GDSI. Having completed those good faith discussions, the companies signed a merger agreement and reorganization plan on October 16, 2012. Dr. Merriellyn Kett, Airtronic's President and CEO, is expected to continue serving as CEO of Airtronic once the merger between GDSI and Airtronic is finalized. \n\n\nFounded in 1990, Airtronic is a well-respected, award-winning manufacturer of critical battlefield weapons. The company provides small arms and small arms spare parts to the U.S. Department of Defense, foreign militaries, and the law enforcement market. The company's products include grenade launchers, rocket propelled grenade launchers, grenade launcher guns, flex machine guns, grenade machine guns, rifles, and magazines. \n\n\n\"This is a substantia...