Government procurements are expected to continue to be volatile and result in significant period to period delivery requirements. The Company's marketing efforts continue to be enhanced by ongoing product developments at both the Advanced Technology Group (ATG) and the Consumer Products Group (CPG). The Company recently expanded its capabilities in its continuing efforts to add product lines and resources to the Company's inventory of skills and product offerings. The Company's many ATG aerospace products that are in a wide range of domestic and foreign programs and the CPG's product developments and expanded capabilities are expected to benefit from a recovering global economy.The Company is composed of two groups – the ATG and the CPG. The ATG primarily designs, develops and manufactures servo controls and other components for various commercial and government applications (i.e., aircraft, jet engines, missiles, manufacturing equipment, etc.). The CPG designs and manufactures cutlery, bayonets, machetes and combat, survival, sporting, agricultural, pocket knives and other edged products for both commercial and government applications.
Servotronics, Inc. Announces Third Quarter And Nine Month Results For The Periods Ended September 30, 2010
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