Chemring Group PLC - Re New Defence Orders
11 1월 2000 - 4:02PM
UK Regulatory
RNS Number:5321D
Chemring Group PLC
11 January 2000
CHEMRING GROUP PLC ANNOUNCES NEW DEFENCE
ORDERS OF #25 MILLION AND RECORD GROUP
ORDER BOOKS OF #59 MILLION.
Chemring Group's defence businesses have received new defence orders in the
first two months of their new financial year, valuing #25 million, increasing
the defence order book to record levels:
Naval Decoys orders of #10 million
The Royal Danish Navy has placed an order for a significant number of a new
proprietary Dual Mode 130mm calibre decoy rounds. The decoy round, known as
CHIMERA, is a dual Infra Red (IR) and Radio Frequency (RF) decoy using the
latest passive decoy IR & RF technology, to defeat both current and future
single and dual (IR & RF) mode anti-ship missile seekers.
The CHIMERA decoy is the latest generation within the family of 130mm
"Seagnat" calibre rounds and is designed for lower "signature" warships. When
used with a modern decoy launching systems, the combination provides the most
cost effective means of ship self protection against IR and RF anti-ship
missiles.
The Dutch Navy has placed an order for a significant quantity of NATO Seagnat
130mm calibre RF Rounds.
Aircraft Decoy orders of #10 million
Aircraft IR decoy orders have been received from UK, Italy and USA Air Forces.
The USAF order on Chemring Group's US subsidiary Alloy Surfaces is the first
production order for decoys developed in support of the United States'
Advanced Strategic and Tactical Expendables (ASTE) programme for both Air
Force and Naval aircraft.
Military Pyrotechnics of #5 million
Significant military pyrotechnic orders have been received from the UK MOD for
Signalling Kits and a NATO country for Armoured Vehicle protection products.
For further information please contact:
Peter Gaze, Cardew & Co. 0171 930 0777
END
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