23rd May 2007 07:01
ArmorGroup International plc23 May 2007 ArmorGroup International plc Teaming agreement with American United Logistics ArmorGroup International plc ("ArmorGroup"), the leading international providerof protective security services, today announces a teaming agreement withAmerican United Logistics ("AUL"), one of the leading logistics companies in theMiddle East with a strong market share in Iraq. The teaming agreement will makeArmorGroup the exclusive protective security provider for AUL in Iraq. ArmorGroup has already been working closely with AUL for some time through theprovision of protective security to AUL's logistic convoys in support of USGovernment programmes. ArmorGroup believes that AUL's recent award by the USGovernment of a GFM (Global Freight Management) US CO5 license, which allows itto move military cargo and freight, will significantly increase the number ofconvoys AUL will be conducting throughout Iraq. ArmorGroup expects to see continuing growth in revenues from logistics supportin Iraq, with a significant programme of backloading of coalition militaryequipment out of Iraq, primarily through Umm Qasr port, over the next three tofive years. ArmorGroup expects this support activity, important but non-corefor the military, to be outsourced in line with US Government policy andbelieves AUL is in an excellent position to be a major supplier of theseservices. ArmorGroup is now the largest convoy security provider in Iraq, with asignificant proportion of its 1,200 employees assigned to these tasks. In 2006ArmorGroup teams carried out almost 1,200 convoy support missions, representingaround 30% of all registered convoy missions in Iraq. ArmorGroup has beensuccessfully escorting development and reconstruction cargo for the US, UK andJapanese Governments and major international organisations throughout Iraq sinceApril 2003. Dave Seaton, ArmorGroup's Chief Executive Officer, commented: "We are very pleased that we are now formally AUL's exclusive protectivesecurity provider in Iraq. With our unrivalled experience of convoy protectionand AUL's leading position in support of the US Government's logistic programmewe believe there is significant, long term potential in further increasing ourmarket share in this growing sector of the market." For further enquiries please contact: ArmorGroup International plc Dave SeatonChief Executive OfficerTel: +44 (0) 20 7808 5800 Patrick Toyne SewellDirector of CommunicationsTel: +44 (0) 20 7808 5848Mob: +44 (0) 7767 498 195Email: [email protected] Notes to Editors ArmorGroup International plc For over 25 years ArmorGroup has been recognised as a leading provider ofdefensive, protective security services to national governments, multinationalcorporations and international peace and security agencies operating in hostileenvironments. ArmorGroup provides protective security services, security consultancy, securitytraining and mine action services. It has 9,000 highly trained and experiencedemployees and operations in 38 countries. Over the past two years it hassupported its clients in over 160 countries across the Middle East, Africa,North and South America, the CIS and central Asia. ArmorGroup International plc is headquartered in London and listed on the LondonStock Exchange. It complies with the US Foreign and Corrupt Practices Act, 1997and the UK's Anti-Terrorism, Crime and Security Act, 2001 and has also beencertified to ISO 9001:2000 and to ISO/IEC 27001:2005. For more informationplease visit www.armorgroup.com. American United Logistics American United Logistics (AUL) is a registered Kuwaiti company established in2003 to provide logistical support in the Middle East. From its inception,American United Logistics has evolved into a multi-million dollar companyemploying approximately one hundred people. For more information on AUL pleasevisit www.am-ul.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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