ADS Tactical Inc. Company Overview
ADS Tactical, Inc. is a company with headquarters in Virginia Beach, VA and it is incorporated in Delaware. Luke Hillier is the Chief Executive officer. It had around 440 employees in December, 2011. This company has fiscal year ending at 12/31. It was listed in New York Stock Exchange and was withdrawn on 2/8/2011. Share price of this company range from $16.00 to $18.00. Total number of shares offered were 12 million. Offer amount for the shares was $248.4 million. Total expenses were in the range of around $5.1 million. Total number of over allotted shares were 1.8 million with 3 million shareholder shares offered. Lockup period was 180 days.
Company overview: ADS Tactical, Inc. provides logistics and supply chain solutions. They specialize in providing equipment required for tactical and operational services. The Department of Defense and the Department of Homeland Security are among their major customers. They have many different vendors and customers. They have over 160,000 products to choose from.
Products: They offer clothes, equipments needed for operations like expedition, optical equipment, communication, emergency medical supplies, and many other items available via 1,400 vendors.
Vendors: They have many vendors including Camelback, L-3 Communication, Surefire, etc.
Supply Chain Management services: These include supply procurement and delivery, product sourcing, training, and many other services needed to ensure smooth operations. They also provide help with research and development of products and quality maintenance.
Key Factors for Customer Vendor Partnership: The Company consider itself to be a partner with its customers as well as vendors. Few factors which are important for their mutual success include great customer relationships, better vendor partnerships and having great selection of vendors as well as customers.
Competitors: They have many competitors. These include equipment manufacturers who are originally make these products and are capable of direct sale to customers. Specialty distributors are also competitors but they work on smaller level. The U.S. Government can be considered as biggest competitor as it can use internal resources to meet the requirements. Read more information about ads inc ipo nasdaq come visit our site.
