CHG Chemring Group Plc

 

TIDMCHG 
 
RNS Number : 0802N 
Chemring Group PLC 
04 June 2010 
 

FOR IMMEDIATE RELEASE 
                                     4 JUNE 2010 
 
 
                    NIITEK AWARDED $106.5 MILLION CONTRACT 
 
 
Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary, 
Non-Intrusive Inspection Technology, Inc. ("NIITEK"), has been awarded a $106.5 
million contract from the US Army, for the supply and support of seventy six 
Husky Mine Detection Systems for high reliability clearance of buried mines in 
support of US peacekeeping operations around the world. Deliveries under the 
contract will be made over the period to May 2011. 
 
Dr David Price, Chief Executive of Chemring, commented: "I am delighted with the 
success of NIITEK, and its Husky Mine Detection System that continues to make an 
important contribution to the safety of US Army troops in the theatre of 
operations. The final contract for the seventy six systems, spares and support 
is expected to be worth in excess of $210 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 Penetrating Radar ("GPR") systems. 
NIITEK's 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: 
 
+----------------+---------------------------------+-----------------+ 
| 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 
 
 CNTKKQDQFBKKPAK 
 

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