ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

DFTS Defense Technology Systems Inc (CE)

0.000001
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Defense Technology Systems Inc (CE) USOTC:DFTS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Defense Technology Systems's DCI Subsidiary Awarded Server Development Contract By German Integrator For Armored Personnel Carri

02/05/2005 4:47pm

Business Wire


Defense Technology Systems (CE) (USOTC:DFTS)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Defense Technology Systems (CE) Charts.
Initial Contract Valued at $100,000 with Potential for $1 Million In Additional Revenue for 2005 Defense Technology Systems (OTCBB:DFTS) announced today that its newly acquired DCI subsidiary, has been awarded an initial order by a German integrator for $100,000 to design, engineer and develop a server for use in a French military armored personnel carrier (APC). The servers are currently undergoing evaluation by the end-user which may lead to a follow-on production order for an additional 90 units for delivery in late 2005. The follow-on contract value is projected to be $1 million. Daniel McPhee, CEO of Defense Technology Systems, said, "We are please about this acquisition for the company and our shareholders. We anticipate that this order will represent the first of many exciting opportunities. Most of the revenue of this initial order will be recognized in the current quarter." Bud Maciekowicz, President of DCI, added, "We are in negotiations on several additional contracts internationally and domestically, which we hope to announce this quarter. It is clear that DCI has a tremendous opportunity to build a rapidly growing business in the Homeland Security and Defense sectors along with DFTS." About Defense Technology Systems, Inc. Defense Technology Systems, Inc. is an international provider of data and security solutions with three operating divisions. The Company's DWS Defense Systems division was created in response to growing international security concerns. DWS offers a broad portfolio of security-related products, including ballistic glass, video surveillance, infrastructure security and associated security systems, The highly skilled DWS Defense Systems team, working in collaboration with its partners, will design, develop, manufacture, install and market specialty products, equipment, and systems for the safety and security needs of all sectors of the domestic and international marketplace. DFTS recently acquired a majority interest in DCI Corporation, a leading edge technology company with over 15 years of experience in engineering specialized hardware and software solutions when commercial-off-the-shelf (COTS) products do not fulfill the critical requirements of enterprise, military or government organizations. DCI's experience has earned them the reputation as a respected Homeland Security solution provider with a host of innovative proprietary technologies. The Company's Data division is a multi-regional manufacturer of electronic cable assemblies used in providing connectivity solutions for customers operating a wide range of data systems. The Data division adds value by providing connectivity solutions, which may also include distributed sales of passive components such as electronic connectors, electronic wire and cable, cabinets and racks and patch panels, and active components including hubs, bridges, routers, gateways and modems. For more information on Defense Technology Systems, Inc. visit: www.defensetechnologysystems.com. DCI Corporation information is available at www.dci-corp.com. This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.

1 Year Defense Technology Systems (CE) Chart

1 Year Defense Technology Systems (CE) Chart

1 Month Defense Technology Systems (CE) Chart

1 Month Defense Technology Systems (CE) Chart

Your Recent History