AAMI 0.22 pop on 10 am ammo Order
Press Release for American Ammunition Inc Calif
Department of Homeland Security Purchases Additional 1,000,000 Round Order of Reduced Hazard Ammunition
11/22/2004 9:54:00 AM
MIAMI, Nov 22, 2004 (BUSINESS WIRE) -- American Ammunition, Inc. ( AAMI ) announced today that it received an order from the Department of Homeland Security, Federal Law Enforcement Training Center for 1,000,000 rounds of 40 S&W reduced hazard frangible ammunition. This is the third order during calendar year 2004 and represents the second contract year of AAMI with the Department of Homeland Security.
"We are pleased that AAMI continues to receive government contract orders. Government contract sales coupled with our domestic marketing enables us to build a consistent reliable flow of business which we believe will continue," said Andres Fernandez, President and CEO of American Ammunition, Inc.
About American Ammunition, Inc. - AAMI is an autonomous manufacturer of ammunition, with the technology and equipment to take advantage of the growing market. It has an excellent reputation within the industry. The ammunition industry has experienced a 28% average increase in revenues annually between 1991 through 1998, and the trend is expected to continue through the year 2005 and beyond.
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