Bulova Technologies Group Inc (OTC:BTGI)

TAMPA, Fla.--(BUSINESS WIRE)--Bulova Technologies Group, Inc. (OTCQB:BLVT) (the “Company”) announced today the signing of a contract valued at $5.2 million for the sale of commercial ammunition for distribution in the United States. Deliveries will be made to our US customers over the next six month period.

Stephen L. Gurba, President and CEO of Bulova Technologies Group, Inc. stated, “Bulova has used its extensive experience in government and international contracting with suppliers located in NATO/allied nations to seize the opportunity to meet the increased demand for commercial ammunition in the United States. This development is closely related to our long-standing work with the US Government to supply it with non-standard weapons and ammunition. It’s our belief that this contract will lead to further favorable opportunities for commercial ammunition both in the US and NATO countries.”