Sales booming

Allen-Vanguard Corp. signs a deal through defence contractor Lockheed Martin to provide the $6-million worth of Allen%20Vanguard.jpgspares to the US military. Under the deal, the Ottawa-based security products maker will furnish Lockheed with Symphony bomb-detection systems component sets, which will be stockpiled in case of an emergency. “We are pleased at the ongoing commitment from Lockheed Martin to stock a ready inventory of spares in anticipation of urgent customer requirements,” says Allen-Vanguard CEO David Luxton. “We view this as positive for the future prospects of the Symphony program.” When it completes delivery of the order in the first quarter of 2008, Allen Vanguard will have supplied the US military with almost $40-million worth of bomb detection components through Maryland-based defence equipment maker Lockheed Martin.

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