$TADF Tactical Air Defense Services to Acquire AeroTech

New Post Public Reply Private Reply Replies (0) Message Board

Jul 21, 2012 at 8:08 PM

$TADF Tactical Air Defense Services to Acquire AeroTech Corporation

Tactical Air Defense Services, Inc. (OTCQB:TADF), an aerospace/defense services contractor that offers tactical aviation services, aircraft maintenance, and other aerospace/defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has signed an agreement to acquire, as a wholly-owned subsidiary of TADF, 100% of AeroTech Corporation ("AeroTech"), an aerospace/defense services contractor licensed and registered with the United States Department of Defense.

Through the acquisition of AeroTech, TADF will acquire the existing business and assets of AeroTech including but not limited to five separate Teaming Agreements, a Sole Source Justification and Approval from the U.S. Army, and the skilled and experienced management team of AeroTech.

Pursuant to the Teaming Agreements, AeroTech has partnered with a certain established and well-recognized defense contractor with existing aviation services and other contracts. Together with its teaming partner, AeroTech, as either the prime contractor or the sub-contractor, has submitted five bids/proposals to the U.S. military and to certain foreign militaries to provide aerospace/defense services. Although no assurances can be given, the Company believes through its acquisition of AeroTech that it will be awarded some of the referenced contracts.

TADF also gains through its acquisition of AeroTech a Sole Source Justification and Approval from a division of the U.S. Army to provide Electronic Attack, Electronic Protect, and Electronic Support for airborne, ground, and maritime threat simulation/emulation, weapon system simulation, threat representative aerial target presentation, and other asset services in support of program requirements. Although no assurances can be given, the Company believes through its acquisition of AeroTech that it will be awarded a contract to perform the requested services.

The management team of AeroTech, including Col. Scott Patterson, Chief Operating Officer, and Mark Daniels, President, and will remain in their respective positions at AeroTech, as a subsidiary of TADF, and will be integral to driving forward the business strategy of the Company and AeroTech.

Upon closing of the acquisition and pursuant to the terms of the acquisition agreement, TADF will purchase 100% of the outstanding shares of AeroTech for consideration of 5 million shares of its Series C Preferred stock. Closing of the transaction is subject to final completion of all documentation and approval by the board of directors of TADF, and is anticipated within thirty days.

Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are very pleased to announce the execution of an agreement to acquire AeroTech. This acquisition brings us valuable assets and opportunities through the Teaming Agreements and the U.S. Army J&A, as well as a management team that has repeatedly proven its ability to acquire military aircraft and provide aerial services to the U.S. and foreign militaries."

Make sure you are first to receive timely information on Tactical Air Defense Services when it hits the newswire. Sign up for TADF's email news alert system today at: http://ir.stockpr.com/tads-usa/email-alerts

Further information about TADF is available on our website: www.tads-usa.com.

Forward Looking Statement Disclosure

Statements contained herein that are not historical facts may be forward looking statements within the meaning of the Securities Act of 1933, as amended. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts, to procure future contracts, to acquire certain assets, or to finalize funding for the purchase of certain assets. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
CONTACT: Investor Relations Contact:
Gerald N. Kieft
The WSR Group
(772) 219-7525
IR@theWSRgroup.com
www.theWSRgroup.com

Tactical Air Defense (TADF) Stock Research Links

TADF Board Company Profile Buy Rating Time & Sales News Filings Financials

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Triller's Tangle: Investors Face Massive Stock Drop

A Descent into Legal Quagmire Investor action notices usually scream trouble, and this time it’s Triller Group Inc. (NASDAQ: ILLR) taking the brunt. If you haven’t been under a rock, you’ve heard they’re in a spot of bother, courtesy of a gnarly combination of financial mishaps and misleading statements. It’s a classic case of a company shooting itself in the...

SINBON's Role in Sustainable Tech Showcase at 2026 Fairs

Get this: What do hospitals, charging stations, and data centers have in common? Well, they all rely on data and power connections that are largely invisible but absolutely fundamental to keeping the gears of modern life grinding. SINBON Electronics is stepping up at electronica and SPS 2026, showing how their nifty gadgets transform mundane wires into the beating heart...

Fosun Drives Global Growth of China's Drug Innovations

A New Phase for Chinese Pharmaceuticals There's a shift in the pharma world, with Fosun International leading the charge. Chinese innovative drugs are stepping onto the global stage, thanks to efforts like those of Chen Qiyu, Co-CEO of Fosun. At the Sustainability Global Leaders Conference 2026, he spoke about transforming Chinese market players into worldwide...

Knexus Teams with Google Cloud to Boost Public Sector AI

Kicking Off a New Era for AI in Government There's a fresh wind blowing in how government agencies approach artificial intelligence, and it’s got Knexus and Google Cloud’s Gemini initiative written all over it. Set in Vienna, Virginia, the announcement rolls out a heavy-hitting collaboration that might just rewire how public sectors handle data. October 20, 2026,...

SQUID Platforms on CDAO Tradewinds Marketplace

Old School Meets New Tech: SQUID's 'Awardable' Moment In an era drowning in data, IESE Solutions throws us a lifeline with its SQUID platform—assessed 'Awardable' and now live on the Department of War's Chief Digital and Artificial Intelligence Office's (CDAO) Tradewinds Solutions Marketplace. Sounds technical, right? Well, let’s dive into why it matters for those...

American Tire Distributors Shifts Gears in Leadership

Another Day, Another Leadership Shuffle at ATD Well, the wheel's turning again at American Tire Distributors (ATD). The crew in Huntersville, N.C., just put Michael Broderick in the driver's seat as Interim President, replacing Ira B. Silver. And they've parted ways with him—done and dusted. This isn't just some random pick; Broderick's been kickin' around ATD's Board...

AppLovin Faces Lawsuit Over AI Claims: Investor Alert

AI Promises or Pipedreams? AppLovin Corporation finds itself in a bit of hot water, and if you've got skin in this game, you've probably felt the heat. So, what's stirring the pot? A class action lawsuit against AppLovin (NASDAQ: APP) for allegedly pulling the wool over investors' eyes with overstated claims about their generative AI tool. Class Action: Weighing the...

JinkoSolar Passes Key Resolutions Amid Name Change

A New Chapter for JinkoSolar Right out of the gate, JinkoSolar has decided to shake things up, along with a new legal identity. The news coming from their 2026 annual general meeting confirms a significant shift in branding from ‘JinkoSolar Holding Co., Ltd’ to the new title of ‘Jinko Holdings Limited’. If you’ve been around the block like me, you’ll know that...

Partner Climbs 25 Spots on ENR's Environmental Firm List

A Leap Forward in Environmental Expertise Alright, folks, let's dive into some real grit. Partner Engineering and Science, Inc. has pulled off a neat little trick. They've jumped up 25 spots on the 2026 Engineering News-Record's Top 200 Environmental Firms list. They’ve been making this list for 14 years straight, and that's no fluke. It's a hard road, especially when...

Fitch Ratings Applauds Ecopetrol's Financial Sturdiness

Ecopetrol: A Rock in Turbulent Waters If you’re looking for a boulder in a sea of pebbles, Ecopetrol’s got the heft. When Fitch Ratings gives a thumbs-up, you best believe they mean it. On October 20, 2026, the rating agency confirmed Ecopetrol’s global credit rating at BB, with a stable outlook, but it’s how they got there that counts. Their standalone credit...