Adama Technologies Corp. (fka ADAC)

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GREAT NEWS YESTERDAY "Adama Technologies Corp Announces Revenue Numbers, Bids and Projections for Defense Contracts"

FSCWire FSCWire•January 24, 2018
Adama Technologies Corp Announces Revenue Numbers, Bids and Projections for Defense Contracts



Las Vegas, Nevada (FSCwire) - Adama Technologies Corp. (OTCPINK: ADAC) announced today that their revenue projections for 2018 include over $400,000 of completed government defense contracts that are expected to be paid out in the first quarter of 2018. For the full year, based on current contracts already in production, Adama expects to receive more than $2 Million in 2018 revenue from defense contracts alone.

“The current emphasis in Washington being placed on rebuilding and investing in our military has resulted in a strong upswing of both contracts under development as well as contracts we are currently bidding on. We are really expecting this to be a record year for our revenues,” stated Harold Tanner, President of Adama Technologies. Mr. Tanner also serves as head of operations for the defense contracting company.

The Company also stated that they have already bid on an addition $1.2 million in new defense contracts this month. Mr. Tanner continued, “There are numerous contracts that are currently being evaluated and bid on and we are really excited about the future of the business within this space. In evaluating the opportunities that exist within the defense industries along with the other business verticals Adama is currently developing and invested in, this looks like it is going to be a very exciting year on all fronts.”

About Adama Technologies Military Defense Operations

Adama Technologies completed the acquisition of Alpine Industries in November of 2016. Alpine Industries is a precision machining and aerospace manufacturing company. Since its inception in 1974, Alpine has manufactured several hundred aerospace landing gear components and other spare parts. Alpine continues to work as a US government contractor and currently holds over 15 US Military contracts with the majority of them with the US Air Force. Presently, Alpine manufactures such items as M1 Mine Clearing Blades, hypo-chlorination units, tow bridles, 60 ton jacks for the C5A, AIM-9 missile body trainers, numerous bolts and screws, drag links for the F-16 fighter planes, and many other landing gear parts. In addition to the US military, Alpine also manufactures parts for several private companies including parts for drilling components used in oil and water wells, roller-coasters, motorcycles, zip line parts, crash pads, and drilling carts.

Contact Information:

Address:

1000 N. Green Valley

Suite 380

Henderson, NV 89074

Phone: [phone]

Website: www.AdamaTechnologies.com