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Re: budfoxfun post# 16489

Monday, 05/14/2018 12:21:10 PM

Monday, May 14, 2018 12:21:10 PM

Post# of 18560
I'm really like this update that came out this past Tuesday.

LAS VEGAS, May 08, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- Adama Technologies Corp. (OTCPINK:ADAC) Corp. announced today that they are nearing completion of the drag brace, which is a part of the landing gear assembly for the F16 fighter jet. This contract, which has been in contract for approximately 14 months, is scheduled to be completed in 60 days.


Harold Tanner, President of Adama Technologies, commented, “This is great news for the Company, this is a fairly substantial contract and having the job completed will mean a sizeable influx of revenue for the Company that can be put to work as we are continuing to bid additional contracts and expand our client base.”

The Company stated that they began production on this contract in February of 2017 and, because the manufacturing and assembly went so smoothly, they plan to rebid similar projects in the future. Mr. Tanner continued, “Our Company has really worked itself into a niche market where we have truly become experts at production of the entire landing gear assembly and all of the related components. This level of expertise and familiarity, along with the fact that we have been in business for more than 50 years, has really separated us and allows us to have a recognizable name in the defense and aerospace industries. We believe this recognition and awareness will enable us to continue to be awarded these contracts and continue to increase our production contracts, revenue and operations.”

The Company stated that they will continue to keep investors updated through continued press updates as well as through their social media outlets.

Twitter: https://twitter.com/AdamaTech
Facebook: https://www.facebook.com/adamatech/

$ADAC

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