HALB potential $52M contract: Halberd Submits B
Post# of 144491
HALB potential $52M contract: Halberd Submits Bid for 2600 of Their Smoke UAS
2013-02-14 08:45 ET - News Release
LAS VEGAS, NV -- (Marketwire) -- 02/14/13
Halberd Corporation (PINKSHEETS: HALB) -- On January 4th Halberd entered into a wholesale partnership with a private security company run by a service connected disabled veteran.
As a result of this partnership, Halberd has submitted a bid for 2600 of its Smoke series UAS. At this wholesale pricing it represents a potential $52,000,000.00 contract with a US friendly foreign nation. These airframes are to be tasked for domestic agriculture, border security and coastal surveillance applications.
A note from Reuben Lowing: "I am pleased to have submitted the initial bid and look forward to submitting similar bids in the near future as a result of our Partnership."
About Halberd Corp.
Halberd Corp. is a manufacturer of both short and long-range Unmanned Aircraft. The UAVs are intended for both private and public use. Halberd has taken a new approach to the development of drone technology by making use of advanced composite construction techniques and materials. The company incorporates the latest in ultra-light high speed computer processors to deliver a flexible, mission specific drone to our customers that can perform various complex missions.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements. For a complete Safe Harbor Statement visit http://www.halberdcorp.com/news.html
Contact:
Reuben Lowing
President
Email Contact