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The Allied Defense Group, Inc. Announces Ammunition Manufacturing and Assembly Joint Venture in Jordan.

Publication: PR Newswire
Publication Date: 02-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
VIENNA, Va., April 2, 2008 /PRNewswire-FirstCall/ -- The Allied Defense Group, Inc. announces its Belgian subsidiary, MECAR SA, has entered into a joint venture with King Abdullah II Design and Development Bureau (KADDB), an independent Jordanian government entity, and DMV Holdings LLC, an international investment and marketing company, to establish an ammunition manufacturing and assembly facility in Jordan for small caliber cartridges cases and bullets, as well as assembly of large caliber charges and tank ammunition.

MECAR is an integral and strategic partner of the JV because it has the necessary technical & operational experience, manufacturing & assembly equipment and intellectual property...

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