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Allied Defense Group (ADG) is nearing completion of its 2-year turnaround from a company facing significant liquidity issues due to a lack of corporate focus (i.e. too many acquisitions and too much concentration on one client) to one that is able to fully concentrate on its core ammunition business across the globe.

In the beginning of 2007, the company had several divisions which took management focus away from concentrating on key initiatives: 1) Ammunition division- This included MECAR, MECAR USA, Allied Technology and Titan, 2) Electronic Security- VSK Group (access control, intrusion