Defense Solutions Holding, Inc. Comments on News Article.EXTON, Pa. -- Defense Solutions Holding, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : DFSH), an international project management, executive consulting, and business development firm, commented today on the article published by DefenseNews on January 12, 2009 in which it was reported that the Iraqi Army The Iraqi Army is the army of Iraq, active in various forms since the country was formed in the aftermath of World War I. Today, it is a component of the Iraqi Security Forces tasked with assuming responsibility for all Iraqi land-based military operations following the 2003 is planning to buy as many as 2,000 T-72 tanks which would be modernized and upgraded to T-91s under a contract managed by Defense Solutions. While Defense Solutions has made proposals to the US Government Foreign Military Sales That portion of United States security assistance authorized by the Foreign Assistance Act of 1961, as amended, and the Arms Export Control Act of 1976, as amended. This assistance differs from the Military Assistance Program and the International Military Education and Training Program (FMS FMS - Flexible Manufacturing System (factory automation). ) program in anticipation of being awarded a contract to supply the Iraqi Army, its bid has not yet been accepted and no assurance can be given that Defense Solutions will be a selected bidder or will ultimately enter into an agreement for all or part of the Iraqi requirements. Defense Solutions previously rebuilt and delivered 77 T-72 main battle tanks to Iraq under a contract awarded by the Iraqi Ministry of Defense in 2005. About Defense Solutions Defense Solutions is an international project management, executive consulting, and business development firm headquartered in Exton, PA with branch and satellite offices on four continents. Established in 2001, Defense Solutions' founding corporate philosophy is to deliver the world's best solutions for our service members who deserve the best equipment, technology, and training, in performing their jobs with minimal risk to their lives and well being. Defense Solutions has consulted with and worked for US Federal and State departments and agencies to include, the White House, US Department of Defense, US Department of the Army, US Department of State, US Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States , US Department of Interior, and Pennsylvania General Assembly The Pennsylvania General Assembly is the U.S. state of Pennsylvania's legislative branch, seated at the state's capital, Harrisburg. It has been a bicameral legislature since 1790. to devise and implement strategies supporting armed forces and civilian programs. Many of these programs directly support US and allied soldiers in combat and veterans in retirement. In direct support of US-led coalition efforts in Iraq, Defense Solutions has worked for international allied organizations like the Iraqi Ministry of Defense, the North Atlantic Treaty Organization North Atlantic Treaty Organization (NATO), established under the North Atlantic Treaty (Apr. 4, 1949) by Belgium, Canada, Denmark, France, Great Britain, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, and the United States. (NATO NATO: see North Atlantic Treaty Organization. NATO in full North Atlantic Treaty Organization International military alliance created to defend western Europe against a possible Soviet invasion. ), and the Multi-National Force in Iraq. Defense Solutions' European office maintains exclusive agreements with the Hungarian Ministry of Defense and Ukrainian Ministry of Defense to deliver several world-class technologies and capabilities to US and allied nations. Defense Solutions' principal offerings include new production and retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in of armored and combat vehicles, spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. , and ammunition, supported by end-to-end integrated logistics, training, and maintenance solutions. For more information visit http://www.ds-pa.com/index.html. Certain matters discussed in this release may constitute "forward-looking statements." Actual results and the timing of certain events may differ materially from those indicated by such forward-looking statements due to a variety of risks and uncertainties, many of which are beyond Defense Solutions' ability to control or predict, including, but not limited to, risks and uncertainties outlined in reports filed by Defense Solutions with the Securities and Exchange Commission. The statements made herein are made as of the date of this release, and Defense Solutions undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements contained in this press release, and Defense Solutions undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion