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Allen-Vanguard confirms U.S. Department of Defense intent to contract for up to 600 Symphony Electronic Counter Measures (ECM) systems
Allen-Vanguard confirms U.S. Department of Defense intent to contract for up to 600 Symphony Electronic Counter Measures (ECM) systems.
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\nOTTAWA, April 23 /CNW Telbec/ - Allen-Vanguard Corporation (the "Company"\nor "Allen-Vanguard") (TSX: VRS) of Ottawa, Canada confirms that the U.S.\nDepartment of Defense ("DoD") has posted a pre-solicitation notice of intent\nto contract on a sole-source basis with Lockheed Martin for up to 600 Symphony\nECM systems for coalition forces operations. Details of the posting may be\nfound at\nhttp://www.fbo.gov/spg/DON/NAVSEA/NAVSEAHQ/N0002407R4215/SynopsisP.html\n\n\nAllen-Vanguard is the supplier of Symphony ECM component sets to Lockheed\nMartin under the terms of a seven year Technology License and Supply Agreement\nbetween the two companies announced January 18, 2006. The last similar order\nto Allen-Vanguard from Lockheed Martin was for 196 Symphony component systems\nat a value of approximately C$8 million.\n\n\nThe Company is confirming this intended contract notice to ensure that\nall investors have equal access to the DoD public posting information. The\nCompany has no further comment pending the receipt of any order, and notes\nthat the present DoD notice is an intent to contract and does not constitute\nan actual contract or obligation to contract.\n\n\nAbout Allen-Vanguard\n\n\nAllen-Vanguard Corporation and its subsidiaries worldwide operate under\nthe brand "Allen-Vanguard". The Company develops and markets technologies,\ntools and training for defeating and minimizing the effects of hazardous\ndevices and materials, whether Chemical, Biological, Radiological, Nuclear or\nExplosive (CBRNE). The Company's equipment is in service with leading security\nand military forces in more than 120 countries. Products include Electronic\nCounter-Measures ("ECM") equipment for jamming remote detonation of terrorist\ndevices, specialty security equipment for Explosive Ordnance Disposal ("EOD"),\nremote intervention robots for hazardous applications, vehicle barrier\nsystems, and personal protective wear for use in dealing with bio-chemical\nagents. Allen-Vanguard is the sole, worldwide licensee and/or developer of\npatented technologies such as the Universal Containment System and CASCAD Foam\nfor blast mitigation and decontamination of bio-chemical warfare agents. Head\noffice operations are located in Ottawa, Ontario, Canada, with manufacturing\noperations in St...