$ADAC provided a production schedule update for sh
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Posted On: 05/03/2018 9:52:05 AM
$ADAC provided a production schedule update for shareholders. After starting production on a new B-52 aircraft landing gear contract, the Company stated that they are simultaneously producing the outer shock strut cylinder for F-16 fighter jets. The F-16 contract is a foreign military contract with US allies and will be in production for approximately four months. The F-16 contract will see continuous orders being placed and the Company stated that they anticipate making shipments on this contract throughout the remainder of the year.
Harold Tanner, President of Adama Technologies, commented, “Today’s news highlights ADAC’s versatility as well as the diligent work of our team to expand our production operations that now allows us to simultaneously produce multiple parts for multiple contracts and customers. This was a crucial part of our growth and development plans and we are seeing the benefits of 18 months of hard work and planning. ADAC now holds three types of contracts: USA military defense contracts, contracts with foreign military allies, and private sector contracts.”
https://finance.yahoo.com/news/adama-technolo...38831.html
Harold Tanner, President of Adama Technologies, commented, “Today’s news highlights ADAC’s versatility as well as the diligent work of our team to expand our production operations that now allows us to simultaneously produce multiple parts for multiple contracts and customers. This was a crucial part of our growth and development plans and we are seeing the benefits of 18 months of hard work and planning. ADAC now holds three types of contracts: USA military defense contracts, contracts with foreign military allies, and private sector contracts.”
https://finance.yahoo.com/news/adama-technolo...38831.html
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