$5-million order

Allen%20Vanguard.jpgOTTAWA – Allen-Vanguard Corp. gets a $5-million order for ordnance disposal equipment from Brazilian security forces. The blast suits and bomb jamming tech maker says it expects strong Latin American sales in fiscal 2009. Allen-Vanguard, hindered by debt, last week agreed to an all-stock, $41.6-million buyout by Tailwind Financial Inc., though the deal has yet to be ratified by the Toronto firm’s shareholders.

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