InvestorsHub Logo

TruthFairy222

11/18/18 7:03 PM

#53453 RE: TruthFairy222 #53452

More news like this would help..

Drone USA Awarded 146 Contracts from the Army, Navy and Defense Logistics Agency Totaling $1 Million Over the Past Two Weeks Press Release | 07/30/2018

https://www.otcmarkets.com/stock/DRUS/news/Drone-USA-Awarded-146-Contracts-from-the-Army-Navy-and-Defense-Logistics-Agency-Totaling-1-Million-Over-the-Past-Two-Wee?id=199310

WEST HAVEN, CT / ACCESSWIRE / July 30, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the"Company"), a service provider and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing CT ("Howco"), has received 146 contracts totaling $1,016,377 from the Army, Navy and the contract Defense Logistics Agency ("DLA"). These contracts cover the past two weeks and include the previously announced $659,000 contract announced last week.

Michael Bannon, Drone USA's Chief Executive Officer, commented, "This was a record two-week period for us. For the first time our contract awards exceeded one million dollars over a two-week period."

Matt Wiles, Howco's VP of Business Operations, stated, "Managing the high volume of government contracts like we do takes a dedicated team and robust processes. As we partner with more suppliers, I expect to see more success like this in the future."

About Howco Distributing Co.

Howco Distributing, a subsidiary of Drone USA, Inc., is a premier supplier of spare and replacement parts to a wide variety of Federal Government agencies, U.S. military prime contractors and commercial customers worldwide. Founded in 1990 and located in Vancouver, Washington, Howco's services encompass bid solicitation, contract management, packaging and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions. Howco was the winner of 2017 United States Department of Defense Logistics Agency's Commander's Choice Supplier Award and the 2012 United States Department of Defense Logistics Agency's Bronze Supplier Award.

About Drone USA, Inc.

Drone USA, Inc. (OTCQB: DRUS), headquartered in West Have, CT., is a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government. Our competitive advantage stems from offering superior service, high quality products and establishing and maintaining life-long customer friendships. Our primary markets are U.S. police, firemen, U.S. industry and the U.S. Government.



$DRUS

st007

11/18/18 7:09 PM

#53454 RE: TruthFairy222 #53452

Hi, TruthFairy, Nice to see you again.
Thanks for that list. Not only is that a lot of contracts and revenue, but we can also see that each year they increase. I think for DRUS to have renegotiated, they must have forecasted more contracts and continued growth. Looking forward to seeing the 10K.

I lost faith in DRUS, but they finally communicated and I do see it as a positive turnaround. Hope we all make out for the best here! GLTA