Bulova Technologies Group Inc (fka BTGI)

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This Today .....
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NEWS:
Bulova Technologies Group, Inc. Subsidiary Wins Army Contract

businesswire
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Companies:
o BULOVA TECHNOLOGIES


Press Release Source: Bulova Technologies Group, Inc. On Thursday September 2, 2010, 11:40 am

TAMPA, Fla.--(BUSINESS WIRE)--Bulova Technologies Group, Inc. (Pink Sheets: BLVT - News) (“BulovaTech” or “the Company”) announced today that its subsidiary, Bulova Technologies Ordnance Systems LLC has been awarded a contract by the U.S. Army, for the production and delivery of the Army’s M142 Demolition Firing Device. The M142 is a multipurpose device providing the user with the capability to cause the detonation of a variety of demolition explosives through a variety of sensing inputs. This item has been regularly procured in past procurement cycles. The contract is valued at $2.4 million.

Bulova Technologies Ordnance Systems LLC now has in excess of $60 million in defense contract backlog over the next four years.