LRAD® Corporation Receives Follow-On $5.4 Million US Army Order
LRAD (LRAD)
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Source: GlobeNewswire
SAN DIEGO, Aug. 28, 2019 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ: LRAD), a global leader in critical communication systems, today announced it received a follow-on $5.4 million order from the U.S. Army (“Army”). This is the second LRAD 450XL acoustic hailing device (“AHD”) systems and accessories order under the Army’s AHD program. “Combined with the recently announced $14.8 million award, the Army has ordered more than $20 million of LRAD 450XL systems and accessories from the Company this month,” said Richard S. Danforth, Chief Executive Officer of LRAD Corporation. “Both LRAD 450XL orders are scheduled to ship in the Company’s fiscal year 2020 and be deployed with active duty, Reserve, and National Guard Military Police and transportation security units.” “These orders further affirm the Army’s commitment to supplying its Soldiers with the best critical communication and scalable escalation of force equipment available,” added Mr. Danforth. The LRAD 450XL incorporates LR
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