Kodak to move a regional headquarters to D.C. area ATA Defense pleased by its move to Maryland

September 02, 1993|By Ross Hetrick | Ross Hetrick,Staff Writer

ATA Defense Industries Inc., which makes equipment used in marksmanship training, says it has hit a bull's eye with its recent move from Florida to Anne Arundel County.

The 17-employee company, moved here after a purchase by local investors, plans to add eight workers in the next two months. And ATA will have about 50 employees in the next three years, company President Leon D. Bieri says.

"Maryland has a positive business environment," Mr. Bieri said. The company moved to Hanover because of its proximity to Baltimore-Washington International Airport, the port of Baltimore and Washington.

ATA opened its local operation Aug. 1, after Mr. Bieri and Chief Financial Officer Joe F. Spaniol bought the company's assets in June. Terms of the deal were not disclosed.

ATA makes equipment that controls and moves targets around firing ranges.

The company, which sells to military and police agencies, expects monthly sales of about $500,000 for the rest of 1993 and annual revenues of $6 million next year, Mr. Bieri said. About 75 percent of its sales are to foreign armies.

Mr. Bieri was the former general manager of RJO Enterprises Inc., a computer installation firm in Lanham. Mr. Spaniol is a lawyer who has been involved in government contracting, Mr. Bieri said.

The Maryland Industrial Development Financing Authority has agreed to insure a $500,000 line of credit for the company to help provide working capital and support export sales.

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