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GMS acquired by ADG, "Allied Defense Group"

Friday, November 18, 2005:4:28 PM

 

 

Allied Defense Group

ADG "Allied Defense Group" acquires GMS November 2005

VIENNA, Virginia, November 18, 2005. The Allied Defense Group, Inc. (AMEX: ADG) announces the acquisition of Global Microwave Systems (GMS), of Carlsbad, California, in a cash and stock transaction. The addition of GMS is expected to be accretive to current operating results and has been factored into the previously announced full year 2005 guidance.

 

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