VIENNA, Va. , April 14 /PRNewswire-FirstCall/ -- The Allied Defense Group,
Inc. (Amex: ADG) announces the teaming relationship it created with Alliant
Techsystems (ATK), a
The ADG/ATK team won the first joint pursuit they identified, the M467A1 105mm training ammunition for the US Stryker MGS vehicle. The total award is for approximately 3,700 rounds per year for 2 years. During this pursuit, the team focused on ATK's strengths in systems management and technical expertise and ADG's strengths in product design and reliability, production excellence and cost control.
Major General (Ret.) John J. Marcello , President and Chief Executive Officer of The Allied Defense Group, said, "This award reinforces our decision to team with such an outstanding partner as ATK. We are particularly pleased with the positive comments from the procurement agency. The team is focused on exceeding the customer's expectations for this contract. As we go forward ADG and ATK continue to evaluate other opportunities in the large caliber direct fire domestic market as well as numerous other areas of potential cooperation.
"With a contractual backlog of more than
About The Allied Defense Group, Inc.
The Allied Defense Group, Inc. is a diversified international defense and security firm which: develops and produces conventional medium caliber ammunition marketed to defense departments worldwide; designs, produces and markets sophisticated microwave security systems; and manufactures battlefield effects simulators and other training devices for the military. For more information, please visit the Company web site: www.allieddefensegroup.com.
About Alliant Techsystems Inc.
ATK is a premier aerospace and defense company with more than 17,000
employees in 21 states and over
Certain statements contained herein are "forward-looking" statements as such term is defined in the Private Securities Litigation Reform Act of 1995. Because statements include risks and uncertainties, actual results may differ materially from those expressed or implied and include, but are not limited to, those discussed in filings by the Company with the Securities and Exchange Commission.
For more information, please visit the Company web site: www.allieddefensegroup.com
For More Information, Contact:
Jim Drewitz , Investor Relations
SOURCE The Allied Defense Group, Inc.