US Countermeasures Division Secures Significant Order

    FOR IMMEDIATE RELEASE                                               
                                 6 JULY 2005

 

 

                              CHEMRING GROUP PLC                               

                                                                               

                US COUNTERMEASURES DIVISION SECURES SIGNIFICANT                 

                         SPECIAL MATERIAL DECOY ORDER                          

 

 

 

Chemring Group PLC ("Chemring") is pleased to announce that its US
countermeasures business, Alloy Surfaces Company, Inc. ("Alloy Surfaces"),
based in Philadelphia, has secured an $8 million order from the UK Ministry of
Defence (the "MoD") for its unique, covert special material decoys. Delivery of
the contract will be made in the period to March 2006.  The contract provides
the MoD with options to place further orders over the period to March 2007,
which, if taken up, could bring the total value of the contract to $30
million.      

 

Dr David Price, Chief Executive of Chemring, commented: "The MoD continues to
play a leading role in peacekeeping operations around the world.  In this
uncertain environment, it is vital that our armed forces receive the best
countermeasures available to defeat the potential missile threats.  The covert
decoys manufactured by our subsidiary, Alloy Surfaces, are the best in the
world.  We are delighted, therefore, to receive this new contract, and we have
substantially increased production at our second facility outside Philadelphia
to meet the MoD's operational needs."

 

Chemring is an international leader in defensive countermeasures, signalling
and training pyrotechnics and marine safety products.  The countermeasures
division comprises Alloy Surfaces Company, Inc. and Kilgore Flares Company LLC
in the US, and Chemring Countermeasures in the UK.

 

 

 

 

For further information:

 

Paul Rayner               Finance Director, Chemring Group PLC         01489 881880

Jonathan Rooper           Cardew Group                                0207 930 0777

 

 



END

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