SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8 - K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earlies event reported):
April 25, 1995
ALLIED RESEARCH CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-2545 04-2281015
(State or other (Commission (IRS Employer
jurisdication of File Number) Identification
incorporation) Number)
8000 Towers Crescent Drive, Suite 750, Vienna, VA 22182
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (Zip Code)
Registrant's telephone no., including area code: (703) 847-
5268
Not applicable
(Former name or former address, if changed since last
report)
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Item 5. Other Events
A recent explosion at Allied's Belgian subsidiary has
disrupted shipments and productions schedules. See the
press release attached hereto as Exhibit 1.
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SIGNATURES
Pursuant to the requirements of the Securities and
Exchange Act of 1934, the Company has duly caused this
report to be signed on its behalf by the undersigned
thereunto duly authorized.
ALLIED RESEARCH CORPORATION
Date: April 25, 1995 By:
Name: J. R. Sculley
Title: Chairman of the
Board and Chief
Executive Officer
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Allied Research Corporation Information:
8000 Towers Crescent Drive Richard Farrell
Vienna, Virginia 22182 800 743 2724
914 234 3805 Home
ALLIED RESEARCH CORPORATION SAYS EXPLOSION AT
BELGIAN SUBSIDIARY MAY IMPACT RESULTS
VIENNA, Virginia, April 25 - Allied Research Corporation
(AMEX:ALR) said today that a recent explosion at its Belgian
subsidiary, Mecar S.A., has disrupted shipments and production
schedules and may negatively impact financial results and cash
flow.
A storage bunker, containing explosive materials, exploded,
destroying the bunker, damaging adjacent storage facilities, as
well as the firm's primary loading facility. No injuries were
reported.
Because of the damage, Mecar has been unable to ship certain
products, and is presently evaluating how soon it can return to
full production and regular shipment schedules.
Mecar has temporarily laid off its production workforce in an
attempt to minimize its losses. In addition, Mecar has casualty
and business interruption insurance and appropriate claims have
been submitted and will be actively pursued. At this point, the
magnitude of the impact of the stoppage of operations has not
been determined.
Dr. J. R. Sculley, chairman and chief executive officer of Allied
Research Corporation, said "This is an unfortunate experience; we
are grateful there were no physical injuries to any Mecar
employee. In keeping with the best storage design and our
continuing safety analyses, we have remotely located storage
facilities to minimize problems caused by such a rare occurence."
Allied Research Corporation is a leading developer and producer
of ammunition systems, supplies engineering services to defense
departments worldwide; designs, produces and markets security
systems in Europe and is active in environmental and
demilitarization markets.
April 25, 1995
Exhibit 1
