Scottsdale-based AMMO, Inc., ammunition and munition components manufacturer, announces its first seven-figure international export sale with a partner in South Asia.
The total order is expected in the amount of seven-figures, according to a press release, stating that AMMO has already entered into the first export purchase orders.
AMMO and its partner are said to anticipate the order will be followed by sizeable supplemental orders to proceed throughout 2020 and potentially beyond.
“It was important for our South Asia partner to see for themselves our world-class manufacturing facility in Manitowoc, Wisconsin,” said AMMO President of Global Sales & Marketing Mark Hanish in a prepared statement.
“During their meeting with our key team members, they felt confident in our capabilities as a trusted partner to serve their region’s military, law enforcement and commercial markets.”
The purchase orders scheduled to be fulfilled in the first quarter of 2020 call for ammunition casings ranging from 50BMG to 5.56.
“The strength of our U.S.-based manufacturing operations in both Wisconsin and Arizona, coupled with the burgeoning need for products such as those being offered by our overseas partner, well-positions AMMO to make significant export inroads within critical military, law enforcement and commercial markets over the next 12-24 months.
We are excited the global markets are beginning to recognize the best-in-class ammunition and munition components AMMO manufactures,” said AMMO CEO Fred Wagenhals in a prepared statement.