| Business Summary | | Allied
Research
Corporation
strategic
security
services
businesses
are
primarily
conducted
through
MECAR
S.A.
and
a
group
of
Belgian
corporations
consisting
of
VSK
Electronics,
S.A.,
Tele
Technique
Generale,
S.A.,
IDCS,
S.A.
and
VIGITEC,
S.A.
MECAR
is
located
in
Petit-Roeulx-lez-Nivelles,
Belgium;
and
develops,
designs,
manufactures
and
sells
ammunition
and
light
weapons
for
infantry
use.
The
VSK
Group
engages
in
the
business
of
developing,
manufacturing,
selling,
installing
and
servicing
security
systems
for
private
industry.
It
operates
from
several
different
locations
in
Belgium. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ALR,
operates
primarily
in
the
U.S.
and
Belgium.
ALR
is
in
the
development
and
production
of
weapons
systems
and
ammunitions.
Other
operations
include
developing,
manufacturing
and
distributing
electronic
security
products.
For
the
six
months
ended
6/30/01,
revenues
fell
18%
to
$42.8
million.
Net
income
from
continuing
operations
rose
31%
to
$3.2
million.
Results
reflect
a
decrease
in
selling
prices,
offset
by
improved
gross
margins
due
to
cost
reduction
efforts. | More
from
Market Guide: Significant
Developments |
| | |
| Position | J.H. Binford Peay, III, 60 | Chairman,
Pres, CEO | Chuck Hasper | CFO | John Meyer, 56 | COO,
Exec. VP | Bruce Waddell, 54 | VP
of Strategic Planning and Corp. Devel., Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|