Chemring Group PLC CONTRACT AWARD (1429G)
03 6월 2013 - 9:18PM
UK Regulatory
TIDMCHG
RNS Number : 1429G
Chemring Group PLC
03 June 2013
FOR IMMEDIATE RELEASE 3 JUNE 2013
CHEMRING GROUP PLC
NIITEK AWARDED $76 MILLION ADDITIONAL HMDS IDIQ DELIVERY
ORDER
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 $76
million to provide spares for the Husky Mounted Detection System
("HMDS") for the US Army. This delivery order is issued under the
$579 million multi-year HMDS Ground Penetrating Radar
Indefinite-Delivery/Indefinite-Quantity ("IDIQ") contract that was
awarded on 30 April 2012. The period of performance for this
contract is through to May 2014.
The NIITEK HMDS is a high-performance Ground Penetrating Radar
("GPR") system which functions on Husky vehicles to provide
real-time identification of anti-vehicular landmines and other
explosive hazards on main supply routes and open areas such as
minefields.
Mark Papworth, Chief Executive of Chemring, commented:
"NIITEK's HMDS delivers a critical capability to US Soldiers and
Marines, and coalition allies in protecting them against the threat
of improvised explosive devices. We are pleased that these 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 60
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 200 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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