Chemring Group PLC CONTRACT AWARD (0617D)
24 4월 2013 - 3:00PM
UK Regulatory
TIDMCHG
RNS Number : 0617D
Chemring Group PLC
24 April 2013
FOR IMMEDIATE RELEASE 24 April 2013
CHEMRING GROUP PLC
NIITEK AWARDED $33 MILLION ADDITIONAL HMDS IDIQ DELIVERY
ORDERS
Chemring Group PLC ("Chemring") is pleased to announce that its
US subsidiary, Non-Intrusive Inspection Technology, Inc.
("NIITEK"), has been awarded a further delivery order worth $24
million to provide spares for the Husky Mounted Detection System
("HMDS") for the US Army. This supplements the $9 million order
received in February 2013. These two latest delivery orders are
part of the $579 million multi-year HMDS Ground Penetrating Radar
Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract that was
awarded on 30 April 2012. All items will be delivered on a firm
fixed price basis by April 2014.
Mark Papworth, Chief Executive of Chemring, commented:
"NIITEK's HMDS products perform an essential role in protecting
troops against the threat of improvised explosive devices. We are
delighted that these additional delivery orders enable us to
continue our proven support to the US Army, and that NIITEK will
continue to deliver critical spares to ensure their fleet is
mission ready."
-ENDS-
Chemring Group PLC
Rupert Pittman Director of Communications and Investor Relations
01489 881 880 / 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.
NIITEK, a Chemring company since 2008, is the world leader in
the design, development and production of Advanced Ground
Penetrating Radar ("GPR") systems. NIITEK's Advanced GPR systems
are at the leading edge of mine detection technology with over two
hundred systems successfully being used by US and Coalition forces
in Afghanistan.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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