“This award adds to our growing 2006 backlog for deliveries of individual equipment to support the U.S. military and fuels our increasing individual equipage production base. It is gratifying to acquire a company like Second Chance and immediately make use of its existing infrastructure, capitalize on its experienced employment base, and be able to provide our customer the opportunity to satisfy the growing demand for personal equipment for our military. We are confident that our operations in Tennessee, Kentucky, and Alabama provide Armor Holdings with additional opportunity for sustained high volume deliveries of survivability and safety equipment to our men and women in uniform.”
“We exceeded all of our operational and financial targets, smoothly integrated the acquisitions of Specialty Defense and Bianchi International, and effectively leveraged our asset purchases from Second Chance.”
“[So will it all end in tears? Will the 5-year boom that has seen average prices increase by 50 percent in the United States (and by that much in the past 12 months in Phoenix) prove to be a bubble? After all, Goldman Sachs reports,] Relative to per-capita GDP, a typical home in San Francisco now costs much more than one in London. ... Beware.”
“This award adds to our growing 2006 backlog for deliveries of individual equipment to support the U.S. military and fuels our increasing individual equipage production base.”
