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Allied Defense Group (ADGI) [hlAlert]

The Allied Defense Group, Inc. (Allied) is a multinational defense business focused on the manufacture and sale of ammunition and ammunition related products for use by the United States and foreign governments. Allied?s strategic business is conducted by its two
wholly owned subsidiaries: MECAR S.A. (Mecar) and MECAR USA, Inc. (Mecar USA). Mecar develops and manufactures ammunition and has some smaller portion of its revenue based on service type activities, such as selling ammunition manufactured by other parties, consulting on the development of manufacturing facilities, and providing sales representation to weapon systems manufacturers. In the fourth quarter of 2008, the Company committed to a formal plan to divest the last remaining business in the ES segment, News/Sports Microwave Rental, Inc. (NSM).
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( Total: 1 Current Stock Recommendations )
Allied Defense Group   (1)
Hold 100%
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* As of 8/27/2015 12:00 AM
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