VIENNA, Va., July 19 /PRNewswire-FirstCall/ -- The Allied Defense Group,
Inc. (Amex: ADG) announces its Belgian defense unit, MECAR S.A., has received
an ammunition order for more than $15 million from a traditional customer in
the Middle East. These orders call for MECAR to provide 120mm mortar and
training ammunition for this established client. As of June 30, 2005, the
Allied Defense Group's consolidated backlog was $96.6 million (including an
unfunded portion of approximately $4.3 million from a federal contract).
The 120mm mortar system is receiving particular attention as militaries
throughout the world place increased emphasis on strategic mobility and
lethality. It is relatively light and quite powerful when compared to field
artillery. The MECAR suite of U.S. Army safety-certified 120mm mortar
ammunition has been designed to operate in a wide variety of mortar systems,
from the simple towed mortar to the latest generation of breech loaded,
turreted mortars such as the Armored Mortar System (AMS) and the Advanced
Mortar System (AMOS). The current maximum range of this ammunition is more
than 7 kilometers when fired from a light towed mortar and in excess of 9
kilometers when fired from the AMS and AMOS. MECAR engineers project an
eventual maximum range greater than 12 kilometers, without rocket assistance,
from systems such as the AMS and AMOS. This ammunition is available with a
certified fuze for direct fire missions such as required in Military
Operations in Urban Terrain (MOUT).
MECAR's training ammunition provides a safer, more cost effective tool
while reducing environmental impacts. MECAR provides training variants for
all its ammunition.
Major General (Ret) John J. Marcello, The Allied Defense Group's Chief
Executive Officer and President, said, "We are proud to receive this order
from a client with whom MECAR has established a stellar record of sustained
excellence and reliability. This announcement cumulates a total of $62
million in MECAR orders in the last several weeks. Militaries throughout the
world are becoming more mobile and they are demanding that fire support
systems evolve to support them. MECAR's history of custom innovation,
creativity and quick response time has put us in a preferred supplier
position."
About MECAR S.A.
MECAR develops and produces a comprehensive range of conventional
ammunition marketed to defense departments worldwide, including grenades,
mortars, medium caliber and direct fire ammunition. Additionally, MECAR
recently established a pyrotechnics division with its own dedicated production
facility. The Belgian firm now offers a complete suite of pyrotechnic
products, including tracers, hand grenade fuses, pyrotechnic delays,
illuminating and signal devices, and igniters. To learn more about MECAR,
please visit their web site: http://www.mecar.be.
About The Allied Defense Group, Inc.
The Allied Defense Group, Inc. is a diversified international defense and
security firm which: develops and produces conventional ammunition marketed to
defense departments worldwide; designs, produces and markets sophisticated
electronic and microwave security systems principally for European and North
American markets; manufactures battlefield effects simulators and other
training devices for the military; and designs and produces state-of-the-art
weather and navigation software, data, and systems for commercial and military
customers. For more Information, please visit the Company web site:
http://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:
Crystal B. Leiderman
Director, Investor Relations
800-847-5322
Jim Drewitz, Investor Relations
972-355-6070
SOURCE The Allied Defense Group, Inc.
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Related links:
http://www.allieddefensegroup.com
CONTACT:
Crystal B. Leiderman, Director, Investor
Relations, +1-800-847-5322, or Jim Drewitz, Investor Relations,
+1-972-355-6070, both of The Allied Defense Group, Inc.
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