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Wellco Enterprises receives next option for Modular Boot System
18 Sep '06
2 min read
Wellco Enterprises Inc, announced that the Department of Defense has exercised the second option to supply the U.S. military with the development of a Modular Boot System. In December 2005, Wellco was one of two contract awardees for the development of the US Army Modular Boot System.
Presently, the Department of Defense buys four different boot styles to meet the varied climatic conditions encountered by military personnel.
The contract's goal is to develop a functional boot system to provide comfort in a temperature range of -60(degree)F to 120(degree)F. If successful, the new Modular Boot System would replace many of the current boot styles.
The Department of Defense has exercised the second option under this contract and issued an order for 450 pairs of the Modular Boot System for expanded testing.
In March 2006, Wellco shipped 580 pairs under the first option and testing was favorable. If the Wellco Modular Boot System is successful through all phases of development and testing, the contract provides for Wellco to manufacture 160,000 pairs of this boot for issuance to military personnel.
In addition, under an existing contract to supply Hot Weather boots to the Department of Defense, Wellco received a delivery order in the amount of $1,443,000.
Work will be performed at Wellco's plant in Waynesville, North Carolina and it's plant Moka Shoe Corporation in Aguadilla, Puerto Rico.
Lee Ferguson, Presidentand Chief Executive Officer stated, "We are very pleased to have received this next option for the Modular Boot System and new delivery order for Hot Weather boots. We stand proud in being able to support the needs of our troops at home and abroad."
Presently, the Department of Defense buys four different boot styles to meet the varied climatic conditions encountered by military personnel.
The contract's goal is to develop a functional boot system to provide comfort in a temperature range of -60(degree)F to 120(degree)F. If successful, the new Modular Boot System would replace many of the current boot styles.
The Department of Defense has exercised the second option under this contract and issued an order for 450 pairs of the Modular Boot System for expanded testing.
In March 2006, Wellco shipped 580 pairs under the first option and testing was favorable. If the Wellco Modular Boot System is successful through all phases of development and testing, the contract provides for Wellco to manufacture 160,000 pairs of this boot for issuance to military personnel.
In addition, under an existing contract to supply Hot Weather boots to the Department of Defense, Wellco received a delivery order in the amount of $1,443,000.
Work will be performed at Wellco's plant in Waynesville, North Carolina and it's plant Moka Shoe Corporation in Aguadilla, Puerto Rico.
Lee Ferguson, Presidentand Chief Executive Officer stated, "We are very pleased to have received this next option for the Modular Boot System and new delivery order for Hot Weather boots. We stand proud in being able to support the needs of our troops at home and abroad."
Wellco Enterprises Inc
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