CHG Chemring Group Plc

    FOR IMMEDIATE RELEASE                                          13 MARCH 2008

                              CHEMRING GROUP PLC                               

                      KILGORE AWARDED M212 FLARE CONTRACT                      

Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary,
Kilgore Flares Company LLC ("Kilgore"), based in Toone, Tennessee, has been
awarded an IDIQ (indefinite delivery/indefinite quantity) contract for the
supply of M212 flares to the US Department of Defense. The M212 flare is a key
component in the Advanced Infrared Countermeasure Munition (AIRCMM) suite that
is used by the US Army and US Air Force to protect helicopters from the threat
of IR guided missiles. The contract extends over a five year period, and has a
minimum value of $5.4 million and a maximum value of $382.9 million.

Dr David Price, Chief Executive of Chemring, commented: "We are delighted to
have won the competition for the M212 flare. This is a tremendous achievement
by our US subsidiary, which extends our product portfolio and significantly
enhances our long term position in the US market. The contract is the largest
ever framework contract awarded to Chemring by the US Department of Defense."

Chemring is an international leader in defensive countermeasures and energetic
materials. The countermeasures division comprises Alloy Surfaces Company, Inc.
and Kilgore Flares Company LLC in the US, and Chemring Countermeasures Limited
in the UK.

For further information:

Dr David Price   Chief Executive,    Chemring Group PLC   01489 881880

Paul Rayner      Finance Director,   Chemring Group PLC   01489 881880

Rupert Pitman    Cardew Group                             0207 930 0777



END

Chemring (LSE:CHG)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024

Chemring (LSE:CHG)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024