Safeguard Security Holdings : 08 June, 2011 The Mexican Government has placed an order with Safeguard Security for a total of 40 armoured vehicles
Safeguard Security Holdings's subsidiary, SYSTEMS group Global (Safeguard’s marketing group for its Latin America operations), has reached an agreement with a government agency in Mexico to take delivery on 40 units (Level 6+) armoured vehicles, from Safeguard’s 21st Century Armour division.
Sean Finegan, Vice President, Business Development, Safeguard Products & Services Group, stated, “This is our second major order for armored vehicles into Latin America in a deal worth over $US 5 million. Once this order is fulfilled and shipped, an additional 50 units are being discussed for shipment to the same agency.” Finegan added, “We are not able to disclose any further specifics or details on the transaction for security reasons.”
Michael Lagow, CEO for Safeguard, stated, “We see a tremendous growth opportunity to serve several government agencies in Mexico as we build our relationships there. We are working with several different types of agencies in an effort to expand into mining, sea ports, state and federal operations. Obviously, we are discovering a very target rich environment for our armored products and security surveillance services, providing various types of security solutions for our clients.”
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