Crooy; [VRS.TO] hav you ever considered this company and its international deploymnt of defense products
>> About Allen-Vanguard
Allen-Vanguard Corporation and its subsidiaries worldwide operate under the brand "Allen-Vanguard". The Company develops and markets technologies, tools and training for defeating and minimizing the effects of hazardous devices and materials, whether Chemical, Biological, Radiological, Nuclear or Explosive (CBRNE). The Company's equipment is in service with leading security and military forces in more than 120 countries. Products include Electronic Counter-Measures ("ECM") equipment for jamming remote detonation of terrorist devices, specialty security equipment for Explosive Ordnance Disposal ("EOD"), remote intervention robots for hazardous applications, vehicle barrier systems, and personal protective wear for use in dealing with bio-chemical agents. Allen-Vanguard is the sole, worldwide licensee and/or developer of patented technologies such as the Universal Containment System and CASCAD Foam for blast mitigation and decontamination of bio-chemical warfare agents. Head office operations are located in Ottawa, Ontario, Canada, with manufacturing operations in Stoney Creek, Ontario; Tewkesbury, U.K.; and Cork, Ireland, and sales offices in Canada, the U.S., the U.K. and Asia. The Company's shares are listed on The Toronto Stock Exchange (TSX: VRS). The web site is www.allen-vanguard.com. <<
stockhouse.ca
stockhouse.ca
Definitely seems like improved products and contract wins are turning this company around. If you read between the lines, they have provided for increased utilization of their manufacturing facilities at minimal cost, and certainly make further contract wins in the US, sound inevitable.
>>This is before any major potential contract wins through our business
development activity with Lockheed Martin on Electronic countermeasue programs in the U.S., where
our products have been performing well in trials.<<
>> The Company reported that an initial small quantity of its most
advanced ECM systems has been procured by Lockheed Martin for service in a
theatre of conflict.<<
>> Vanguard(TM) Mk2 robot technology, owned by the Company, was developed in collaboration with Technical Support Working Group (TSWG), the U.S. national forum that identifies, prioritizes, and coordinates interagency and international research and development (R&D) requirements for combating terrorism. The development mandate was to design an affordable bomb disposal robot to meet the mission requirements of local U.S. bomb teams. All local bomb teams in the U.S. have been mandated to have a bomb disposal robot by 2009. <<
I think it has tremendous upside potential written all over it.
Allan |
