CHG Chemring Group Plc

 

TIDMCHG 
 
RNS Number : 2293J 
Chemring Group PLC 
26 March 2010 
 

FOR IMMEDIATE RELEASE 
                           26 MARCH 2010 
 
 
                               CHEMRING GROUP PLC 
 
         KILGORE FLARES AWARDED ADDITIONAL $30.9 MILLION 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 additional delivery order valued at $30.9 million under its IDIQ 
(indefinite delivery/indefinite quantity) contract for the supply of MJU-39 and 
MJU-40 infra-red (IR) decoy flares to the US Department of Defense. The flares 
are used by the US Air Force to protect the F-22 Raptor aircraft from the threat 
of IR guided missiles. The IDIQ contract, which was awarded in November 2009, 
was to extend over a four year period, with a maximum potential value of $54.9 
million. With this additional delivery order, the contract has now reached its 
ceiling of $54.9 million, and Kilgore's order book will cover deliveries through 
to May 2012. 
 
Dr David Price, Chief Executive of Chemring, commented "The fact that the US Air 
Force has maximised its contract value with Kilgore within only five months of 
the initial award is a testament to Kilgore's outstanding reputation and the 
quality of deliveries it has been making to 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 | 01489 881880    | 
|                | PLC                             |                 | 
+----------------+---------------------------------+-----------------+ 
| Paul Rayner    | Finance Director, Chemring      | 01489 881880    | 
|                | Group PLC                       |                 | 
+----------------+---------------------------------+-----------------+ 
| Rupert Pittman | Cardew Group                    | 020 7930 0777   | 
+----------------+---------------------------------+-----------------+ 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 CNTKKPDDDBKBANB 
 

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