Bulova Technologies Group, Inc. Announces Signing of Contract for Commercial Ammunition

Before you go, we thought you'd like these...
Before you go close icon

Bulova Technologies Group, Inc. Announces Signing of Contract for Commercial Ammunition

TAMPA, Fla.--(BUSINESS WIRE)-- Bulova Technologies Group, Inc. (OTCQB:BLVT) (the "Company") announced today the signing of a contract valued at $5.2 million for the sale of commercial ammunition for distribution in the United States. Deliveries will be made to our US customers over the next six month period.

Stephen L. Gurba, President and CEO of Bulova Technologies Group, Inc. stated, "Bulova has used its extensive experience in government and international contracting with suppliers located in NATO/allied nations to seize the opportunity to meet the increased demand for commercial ammunition in the United States. This development is closely related to our long-standing work with the US Government to supply it with non-standard weapons and ammunition. It's our belief that this contract will lead to further favorable opportunities for commercial ammunition both in the US and NATO countries."

About Bulova Technologies Group, Inc.

Bulova Technologies Group, Inc., Bulova Technologies Ordnance Systems LLC and Bulova Technologies Europe LLC are headquartered in Tampa, Florida. Bulova Technologies Group, Inc. is registered with the United States Department of State Directorate of Defense Trade Controls (DDTC) as a broker.

Please visit our website at www.BulovaTechGroup.com for more information.

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.

Bulova Technologies Group, Inc.
Stephen L. Gurba, 727-536-6666

KEYWORDS:   United States  North America  Florida


The article Bulova Technologies Group, Inc. Announces Signing of Contract for Commercial Ammunition originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

People are Reading