Remember us? The PIs? Can we have an Xmas present please?
Baffles me mate. The last one that had a potential contract value of £9m, they just brushed off and said "oh yeh that was mentioned briefly in the interims." This one is IMHO is worth an Rns. Why they wouldn't want to inform their investors about a continuing strong relationship with the mod is beyond me. The tender even states reasons why petards are the only ones they will consider using. Colour me baffled. Atb
since its 1/3 of the mcap doesn't that make it rnsable ? maybe we'll get it as part of a trading update
Not a massive contract amount but it is 1/3 of the mcap at the moment. For me it's the importance of the continued strong relationship with the mod which will provide us with revenue for the foreseeable future. """""""""""The works/goods/services can be provided only by a particular tenderer for reasons that are: technical VTN for the Procurement of M147/ALE47 Countermeasure Dispensing System (CMDS). 1) The Air Platform Systems (APS) Platform Protection team, part of the UK Ministry of Defence (â€˜MODâ€™), intends to amend an existing contract with Petards Joyce-Loebl Limited for the procurement and through life support of an additional 12 M147/ALE47 Countermeasure Dispensing Systems (CMDS) which will be fitted to 12 additional Merlin aircraft which are to be added to the existing Merlin fleet. 2) It is considered that this contract amendment can be placed using the Negotiated Procedure Without Prior Publication pursuant to Article 28(1)(e) of Directive 2009/81/EC (Regulation 16(1)(a)(ii) of the Defence and Security Public Contracts Regulations 2011) for technical reasons. The additional CMDS are required by MOD in addition to existing in-service equipment and must be procured directly from Petards. This is because procuring alternative equipment from a supplier other than Petards would be technically impractical, and specifically would result in: a) interoperability issues, necessitating the substantial re-design and structural modification of complex military equipment, including the installation of specific wiring, to the existing UK Merlin aircraft fleet fitted with M147/ALE47 CMDS to enable embodiment of alternative CMDS equipment; b) incompatibility between the existing in-service systems/equipment and the alternative CMDS equipment resulting in further complex design and modification (which, for operational reasons, would be so time consuming as to potentially jeopardise the safe functioning of the Armed Forces); c) the need to retrain technicians and system experts which would have a significant impact on current operations and ability for the Merlin aircraft to fulfil their operational commitment.""""""""
Great find Mike
A bit more for the coffers.
£1.1m contract extension to fit countermeasures to 12 merlins
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