American Defense Systems, Inc. Awarded 5-Year $44 Million Contract with TACOMHICKSVILLE, N.Y.--(BUSINESS WIRE)--Nov. 23, 2005--On October 7, 2005, TACOM, the U.S. Army's Tank-automotive and Armaments Command, awarded American Defense Systems, Inc. (ADSI), of Hicksville, New York with a $44 million five-year IDIQ contract for the supply of crew protection kits (CPK) for numerous Caterpillar and Case construction vehicles in use by the U.S. The construction equipment to be reinforced by ADSI's opaque armor and blast-resistant glass includes graders, scrapers, compactors, rollers, and loaders. TACOM--headquartered in Warren, Michigan, is one of the Army's largest weapon systems research and development organizations whose mission is to sustain the mobility, lethality, and survivability for U.S. and Allied soldiers and services through ground combat, automotive, marine and armaments technologies--will allocate the equipment to be upgraded among the Army units within its joint command.
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Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of American Defense Systems, Inc. to be materially different from those expressed or implied by such forward-looking statements.
American Defense Systems, Inc.
John F. Rutledge III, 540-842-1678
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Source : ADS