"These orders reflect the strength of the competitive standing of our ammunition and ammunition-related service businesses and contribute to our already substantial backlog," said Major General (Ret)
Concluded Major General Marcello, "Based on strong relationships with our customers, our engineering expertise, and our ability to rapidly bring new products to market, we continue to make progress on our goals. And, as we have said previously, we continue to expect to return to profitability in the second fiscal quarter ending
About The Allied Defense Group, Inc.
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. For more Information, please visit the Company web site: www.allieddefensegroup.com.
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, Contact: Geoff Grande, CFA FD 617-747-1721
SOURCE The Allied Defense Group, Inc.