Printer Friendly

HALIFAX CORPORATION ANNOUNCES SALE OF HALIFAX SECURITY SERVICES

 HALIFAX CORPORATION ANNOUNCES SALE OF HALIFAX SECURITY SERVICES
 ALEXANDRIA, Va., Dec. 24 /PRNewswire/ -- Halifax Corporation (AMEX: HX) today announced the sale of Halifax Security Services, Inc., a wholly-owned subsidiary, to an affiliate of International Security Corp. of Arlington, Va. Terms of the purchase were not reported. According to Howard Mills, president, "This will permit us to further focus our resources on our principle business of providing installation, operation, maintenance, and logistics support for equipment, systems and facilities."
 For the fiscal year ended March 31, 1991, Halifax reported net income of $1,066,000, or 89 cents per share, on revenues of $30,023,000. The company's current backlog options is $169,000,000.
 Halifax is an electronic services and facilities support company.
 -0- 12/24/91
 /CONTACT: Richard J. Smithson of Halifax Corporation, 703-750-2202/
 (HX) CO: Halifax Corporation ST: Virginia IN: SU:


DS -- DC002 -- 5110 12/24/91 09:09 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 24, 1991
Words:151
Previous Article:HAZELTINE SELECTED FOR F-16 IFF CONTRACT
Next Article:TSI CORPORATION FILES REGISTRATION STATEMENT WITH SEC FOR PUBLIC OFFERING OF 2,300,000 SHARES OF COMMON STOCK
Topics:


Related Articles
HALIFAX CORPORATION ANNOUNCES MARKETING AGREEMENT WITH GTE ELECTRONIC REPAIR SERVICES
HALIFAX SELECTS SERVICE SYSTEMS INTERNATIONAL TO PROVIDE CALL MANAGEMENT AND INVENTORY CONTROL SOFTWARE
HALIFAX ANNOUNCES PLAN TO ACQUIRE C3 SERVICES BUSINESS
HALIFAX ANNOUNCES PLAN TO ACQUIRE C3 SERVICES BUSINESS
HALIFAX CONCLUDES AGREEMENT FOR ACQUISITION OF FIELD SERVICES DIVISION OF ELECTRONICS ASSOCIATES
EAI CLOSES SALE OF FIELD SERVICE UNIT
Response USA Announces Agreement in Principle With Holders of 1996 Series A Convertible Preferred Stock
Halifax Office Complex Sale Not Consummated
Halifax Awarded Security Solution Contracts From Two Federal Government Agencies.
Halifax Corporation Appoints Former Microserv CEO To New Senior Sales/Marketing Position; Jonathan Scott to Lead Halifax Sales and Marketing Efforts;...

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters