Chemring Group PLC CONTRACT AWARDS (1634B)
28 3월 2013 - 11:05PM
UK Regulatory
TIDMCHG
RNS Number : 1634B
Chemring Group PLC
28 March 2013
FOR IMMEDIATE RELEASE 28 MARCH 2013
CHEMRING GROUP PLC
ALLOY SURFACES AND KILGORE FLARES AWARDED $26 MILLION
COUNTERMEASURES CONTRACTS BY THE US DEPARTMENT OF DEFENSE
Chemring Group PLC ("Chemring") is pleased to announce that its
US subsidiaries, Alloy Surfaces Company, Inc. and Kilgore Flares
Company LLC, have been awarded contracts worth $26 million for the
manufacture of M211, M206, MJU-7A/B and MJU-10/B decoy devices for
the US Army and the US Air Force. Deliveries under the contracts
are scheduled to begin in June 2013 and will continue into 2015.
The M211 decoy order is valued at $6 million, and will be produced
at Alloy Surfaces. The M206, MJU-7A/B and MJU-10/B contracts are
valued at $20 million, and will be produced at Kilgore Flares.
Mark Papworth, Chief Executive of Chemring, commented: "We are
very pleased to receive these contracts from the US Army and the US
Air Force, which demonstrates their continued confidence and trust
in our countermeasures. We are very proud to deliver the highest
quality infra-red decoys to the US Department of Defense and our
international customers."
The US Army and US Air Force use these decoys to protect all of
their helicopters, and transport and fighter aircraft against
man-portable air defense systems, commonly known as MANPADS.
-ENDS-
Chemring Group PLC
Rupert Pittman - Group Director of Communications and Investor
Relations
01489 881880 / rupertp@chemring.co.uk
MHP Communications
Andrew Jaques / James White
0203 128 8100
Notes to Editors:
Chemring is a market leading manufacturing business supplying
high technology electronics and energetic products to over sixty
countries around the world. Chemring has a diverse portfolio of
products that predominantly protect military people and platforms,
providing insurance against a constantly changing threat. These
range from countermeasures to protect aircraft, to ground
penetrating radar to protect troops and vehicles from improvised
explosive devices. Alloy Surfaces and Kilgore Flares are industry
leaders in the design, development, and production of F-22, JSF and
covert multi-spectral special material decoys.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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