$BANT Awarded $3 Million in Department of Defense
Post# of 103020
ACCESSWIRE August 20, 2019
PINE BROOK, NJ / ACCESSWIRE / August 20, 2019 / Bantek, Inc. (OTC PINK:BANT) (“Bantek” or the “Company”), a distributor of products to the U.S. Government, a construction and environmental services provider and reseller of drones and drone training, today announced that its Howco Distributing subsidiary has been awarded a contract of approximately $3 million to supply starters and other supplies to the Department of Defense’s (DOD) Defense Logistics Agency, the Navy, the Army and the Coast Guard.
Michael Bannon, Bantek’s Chief Executive Officer, commented, “We have approximately $3 million in purchase order backlog we need to fulfill. We are currently looking for a financial partner to help us quickly work through our backlog. We are also looking for a financial partner to help us work through Drone USA purchase orders. In addition, Matthew Wiles did a great job getting us on BAE’s supplier list. He worked hard to accomplish that goal.”
Matthew Wiles, Bantek’s Chief Operating Officer, commented, “I am excited to begin working directly with BAE as a supplier of hardware and fasteners. This partnership allows Howco to generate revenue as a sub-prime contractor because of the extensive amount of DoD contracts held by BAE.”
https://finance.yahoo.com/news/banteks-howco-...00643.html