MOORPARK, CA 21 DECEMBER 2009: Federal Defense Industries, Inc. (FDI) President Philip Ochoa announced today the engagement of the accounting firm of Deloitte & Touche LLP to serve as independent auditors for the fiscal year ending December 31, 2009. In making the announcement Ochoa stated this decision represents the culmination of months of consideration and review of different auditors before selecting Deloitte. "Once all the data was in and evaluated it was clear that Deloitte would be able to exceed our requirements, and that they maintained a corporate philosophy of integrity" said Ochoa, crediting integrity as a key element of FDI's success.
Ochoa added "Deloitte also has the experience in the Aerospace and Defense markets that FDI was looking for. This experience represents a valuable partnership for FDI's continued growth as a market leader in the exacting supply of spare parts for military customers".