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Allen-Vanguard Corporation announces $6 million order from Lockheed Martin for spares in support of Symphony Electronic Counter Measures (ECM) program
OTTAWA, Nov. 19 /CNW Telbec/ - Allen-Vanguard Corporation ("Allen-Vanguard" or the "Company") (TS...
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\nOTTAWA, Nov. 19 /CNW Telbec/ - Allen-Vanguard Corporation\n("Allen-Vanguard" or the "Company") (TSX:VRS) announced today that it has\nreceived an order valued at approximately $6 million for spares in support of\nthe ongoing Symphony program. All amounts are in Canadian dollars unless\notherwise specified.\n\n\nThis order is in addition to the presolicitation posting by the U.S.\nDepartment of Defense (DoD) for up to 1,000 units, as commented on in the\nCompany's update announcement of July 5, 2007.\n\n\n"We are pleased at the ongoing commitment from Lockheed Martin to stock a\nready inventory of spares in anticipation of urgent customer requirements,"\nsaid David E. Luxton, Company President and CEO. "We view this as positive for\nthe future prospects of the Symphony program."\n\n\nThe company stated it expects to deliver this order by the end of its\nfirst quarter in fiscal year 2008.\n\n\nAbout Allen-Vanguard\n\n\nAllen-Vanguard Corporation supports the mission of military and homeland\nsecurity forces around the world with leading proprietary solutions for\nprotection and counter-measures against hazardous devices of all kinds,\nwhether chemical, biological, radiological or explosive ("CBRNE"), including\nimprovised explosive devices ("IEDs") and remotely controlled IEDs ("RCIEDs").\nAllen-Vanguard equipment is in service in more than 120 countries. Products\ninclude Electronic Counter-Measures ("ECM") equipment for jamming remote\ndetonation of terrorist devices, specialty security equipment for Explosive\nOrdnance Disposal ("EOD"), remote intervention robots for hazardous\napplications, and personal protective wear for use in dealing with explosive\nand bio-chemical agents. Allen-Vanguard is the developer and/or sole,\nworldwide licensee of proprietary technologies such as the Med-Eng bomb suit,\nthe Defender(TM) and Vanguard(TM) Mk2 bomb disposal robots, and the Universal\nContainment System and CASCAD Foam system for blast mitigation and\ndecontamination of bio-chemical warfare agents. Professional services\nencompass counter-IED intelligence, training and advisory services, including\nthe Triton(TM) Report on terrorist incidents around the world. The Company\noperates globally through its wholly-owned subsidiaries under the...