initial delivery

Initial Delivery

In a new issue, the date the security is transferred from the issuer to the first holder. It is also called original delivery. See also: Issue date.

initial delivery

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Portugal's Galp Energia has gained the initial delivery of natural gas for the European Union from the United States.
Science Applications International Corporation (SAIC) has been awarded a contract and initial delivery order by the US Marine Corps (USMC) to be the programme support integrator for the Marine Corps Counter Radio Controlled Improvised Explosive Device Electronic Warfare (CREW) program.
Howmet will begin manufacturing these parts in mid-2003, with initial delivery scheduled for January 2004.
The initial Delivery Order is for twelve systems and sets of spares, valued in excess of $20 million, with initial funding in excess of $16.
Contracts will be awarded upon determination of initial delivery order requirements.

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