Just as i am about to post after hour summary i see on my news that XIDE scored to big military contracts.. For those holding with me smoke em if you got em.
| XIDE Exide Technologies secures new military contracts (16.30 +0.32) | |
| Co announced that its Industrial Energy Division in Europe has secured two new military contracts. The new affiliations include an expansion of the co's alliance with the German Federal Office of Defense Technology and Procurement for battery supply to the German Army and a submarine battery contract with The Royal Netherlands Navy. In conjunction with the BWB, the contract calls for XIDE to supply ~9,600 NBB 248 maintenance-free NATO bloc batteries to the German Army for military-vehicle applications, including the Leopard 2 Tank. These 12 V/100-ampere-hour GEL batteries will be manufactured at XIDE's Industrial Energy manufacturing plant in Budingen, Germany, and shipped during 2008. | |
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