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News

Large Order For Momentum Wheel Products

Valley Forge Composite Technologies : 19 August, 2011  (Company News)
Multi-Million dollar order received by Valley Forge Composite Technologies for momentum wheels
Large Order For Momentum Wheel Products
Valley Forge Composite Technologies, a developer of cargo/baggage detection equipment, personnel screening technology, and instruments, has received an order for its momentum wheel line of products in excess of $7,000,000.

Valley Forge CEO Lou Brothers said, "This is another significant order from a satisfied customer. It confirms our position in the instrument market." Valley Forge's total backlog now stands at more than $15,000,000, and should yield higher operating margins than previous contracts. The full order is anticipated to be shipped by Spring 2012.

The company expects to announce progress milestones with regards to THOR-LVX in the coming months.
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