Allied Defense Group (ADG) Receives $24 Million in Orders
The Allied Defense Group, Inc. (Amex: ADG) has received ammunition orders totaling more than $24 million from several customers. The contracts include new extensions of existing engagements as well as orders from new customers won in competitive situations across both of the firm's operating units, Mecar S.A. and Mecar USA.
The Allied Defense Group, Inc. is a multinational defense company focused on the manufacture, sale and distribution of ammunition and ammunition-related products for use by the U.S. and foreign governments.[SM]
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