CONTRACT AWARD
14 12월 2009 - 4:00PM
UK Regulatory
TIDMCHG
RNS Number : 0322E
Chemring Group PLC
14 December 2009
FOR IMMEDIATE RELEASE 14 DECEMBER 2009
CHEMRING GROUP PLC
NIITEK AWARDED FIRST EXPORT ORDER
Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary,
Non-Intrusive Inspection Technology, Inc. ("NIITEK"), based in Sterling and
Charlottesville Virginia, has been awarded a FMS (foreign military sales)
contract for the supply of its Husky Mounted Detection System Ground Penetrating
Radar ("HMDS GPR") kits to the Canadian Armed Forces. The HMDS GPR is used by
combat engineers on route clearance patrols to locate and detect buried mines
and explosives. This is the first contract awarded to NIITEK to support
coalition forces, and has a maximum potential value of $34 million.
Dr David Price, Chief Executive of Chemring, commented "This contract represents
the first export order for NIITEK's HMDS GPR system. HMDS is the only
operational ground penetrating radar system currently in operational use,
protecting US and coalition forces."
Chemring is an international leader in energetic materials and defensive
countermeasures.
For further information:
+--------------------+---------------------------------------+---------------------+
| Dr David Price | Chief Executive, Chemring Group PLC | 01489 881880 |
+--------------------+---------------------------------------+---------------------+
| Paul Rayner | Finance Director, Chemring Group PLC | 01489 881880 |
+--------------------+---------------------------------------+---------------------+
| Rupert Pittman | Cardew Group | 020 7930 0777 |
+--------------------+---------------------------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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