Dewey Electronics gains $7.9 million order for 2kW Military Tactical Generators
OAKLAND, N.J., 7 Oct. 2011. Dewey Electronics Corp. (OTCBB:DEWY) won a $7.9 million delivery order for its 2-kilowatt, diesel-operated Military Tactical Generator (MTG), which is used throughout the U.S. Department of Defense, under a 10-year indefinite-delivery/indefinite-quantity contract with the U.S. Army CECOM in Ft. Monmouth, N.J. Shipments of AC and DC versions of the company’s generator are scheduled to begin in April 2012 and continue through Sept. 2013.
John Dewey, president and CEO of Dewey Electronics, admits that this large order is the last under the 10-year prime contract. “While no assurances can be given as to future orders,” he says, “we are now looking forward to selling the same generator through new military channels in the years to come."