CHG Chemring Group Plc

 

TIDMCHG 
 
RNS Number : 4195V 
Chemring Group PLC 
09 July 2009 
 

FOR IMMEDIATE RELEASE  9 JULY 2009 
 
 
CHEMRING GROUP PLC 
 
 
 NIITEK AWARDED $38.2 MILLION CONTRACT 
 
 
Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary, 
Non- Intrusive Inspection Technology, Inc. ("NIITEK"), has been awarded a $38.2 
million contract from the US Army for the supply and support of fifty Husky Mine 
Detection Systems for high reliability route clearance of buried mines in 
support of US peacekeeping operations around the world. Deliveries under the 
contract will be made over the period to June 2010. 
 
 
Dr David Price, Chief Executive of Chemring, commented: "I am delighted with the 
success of our recent acquisition, NIITEK, and its Husky Mine Detection System 
that is starting to make an important contribution to the safety of US Army 
troops operating in Afghanistan. The final contract for the fifty systems, 
spares and support is expected to be worth in excess of $75 million." 
 
Chemring is an international leader in energetic material products and defensive 
countermeasures. NIITEK, which was acquired by Chemring in December 2008, is the 
leading US producer of vehicle-mounted Ground Penentrating Radar ("GPR") 
systems. NIITEKs GPR systems are at the leading edge of mine detection 
technology and are currently being used by US forces to protect their soldiers 
on the ground. 
 
 
 
For further information: 
 
 
+------------------+-----------------------------------------+-------------------+ 
| David Price      | Chief Executive, Chemring Group PLC     | 01489 881880      | 
+------------------+-----------------------------------------+-------------------+ 
| Paul Rayner      | Finance Director, Chemring Group PLC    | 01489 881880      | 
+------------------+-----------------------------------------+-------------------+ 
| Rupert Pittman   | Cardew Group                            | 0207 930 0777     | 
+------------------+-----------------------------------------+-------------------+ 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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