SCOTTSDALE, AZ –-(Ammoland.com)- AMMO, Inc. (OTC:POWW), an innovator in ammunition technology, today announced its strategic entry into the U.S. Military channel.
With the recent approval of the United States Department of Defense budget for fiscal years 2018 and 2019, AMMO, Inc. announced today that it will be expanding its product lines and capabilities to pursue the growing defense munitions industry. Among the new product lines being added in late calendar 2018 will be a portfolio of 50-caliber ammunition, newly approved rifle rounds to support new military weapon platforms, and a variety of proprietary modular projectiles geared specifically toward military war fighters.
“We are excited about the future opportunities in the U.S. Military and Law Enforcement markets,” stated Kathy Hanrahan, AMMO Inc.’s President of Global Tactical Defense. “Selling to the U.S. Government is a lengthy process requiring extensive product testing, long public procurement processes, and multiple levels of approval. That said, we are optimistic given the technological advances we offer, and the need to replenish military arsenals, that we have a unique opportunity to provide an alternate solution.”
Ms. Hanrahan continued, “Up until the release of our STREAK Visual Ammunition in January of …Read the Rest