Contract Award
20 10월 2005 - 4:00PM
UK Regulatory
FOR IMMEDIATE RELEASE 20 OCTOBER 2005
CHEMRING GROUP PLC
US COUNTERMEASURES DIVISION SECURES $7 MILLION CONTRACT
FOR US DEPARTMENT OF DEFENSE URGENT OPERATIONAL REQUIREMENTS
Chemring Group PLC ("Chemring") is pleased to announce that its US
countermeasures business, Alloy Surfaces Company, Inc. ("Alloy Surfaces") based
in Philadelphia, has recently secured a further $7 million order from the US
Department of Defense for the supply of its unique, special material decoys.
The decoys will be utilised on helicopters and transport aircraft engaged in
operations in Iraq and Afghanistan. Deliveries under the contract will commence
this calendar year.
Dr David Price, Chief Executive of Chemring, commented: "Chemring has made
significant investment in its US decoy operations. We are very proud of our
achievements at Alloy Surfaces, and this contract award reflects the growing
service requirement for its special material decoys. It will result in a
substantial increase in Alloy Surfaces' production rates throughout 2006."
Chemring is an international leader in defensive countermeasures, energetic
materials, and marine safety products. The countermeasures division comprises
Chemring Countermeasures in the UK, and Alloy Surfaces Company, Inc. and
Kilgore Flares Company LLC in the US.
For further information:
Dr David Price Chief Executive, Chemring Group PLC 01489 881880
Jonathan Rooper Cardew Group 0207 930 0777
END
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