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Share Price Information for Concurrent Technologies (CNC)
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Intraday Concurrent Technologies Share Chart
Concurrent Technologies secures $9.4m production order
(Sharecast News) - Concurrent Technologies announced on Thursday that it has secured a $9.4m production order from a major US defence prime contractor, marking the transition of a 2024 design win into production.
The AIM-traded company said $6.2m of the order covered around 400 TR-LBE 3U VPX computer plug-in cards for delivery in 2026 and 2027, while $3.2m related to customer-funded component procurement to support potential future production, subject to further contract funding in the second half of 2026.
Chief executive Miles Adcock said the programme showed recent design wins "now converting into production activity", adding that Concurrent expected the programme's total lifetime value to be about $18m, with further orders potentially running to 2030.
At 0936 BST, shares in Concurrent Technologies were up 1.18% at 270.65p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
Market NewsLatest CNC News
- EARNINGS AND TRADING: James Latham says customer demand quite "patchy"
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11 Jun 2026 - LONDON MARKET MIDDAY: FTSE 100 rises before ECB rate call; Halma sinks
11 Jun 2026 - UK dividends calendar - next 7 days
11 Jun 2026 - Concurrent Technologies secures largest-ever single contract
11 Jun 2026 - Concurrent Technologies wins largest-ever contract worth GBP17 million
11 Jun 2026
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Concurrent Technologies News
EARNINGS AND TRADING: James Latham says customer demand quite "patchy"
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...
Concurrent Technologies secures $9.4m production order
(Sharecast News) - Concurrent Technologies announced on Thursday that it has secured a $9.4m production order from a major US defence prime contractor...
LONDON MARKET CLOSE: Blue chips shrug off ECB rate rise and Iran worry
(Alliance News) - The FTSE 100 closed higher on Thursday, despite ongoing tensions in the Middle East and an interest rate hike in Europe.
LONDON MARKET MIDDAY: FTSE 100 rises before ECB rate call; Halma sinks
(Alliance News) - Stock prices in London were higher at midday on Thursday, despite ongoing worries about a lack of progress on a Middle East peace de...
Concurrent Technologies secures largest-ever single contract
(Sharecast News) - Concurrent Technologies said on Thursday that it had secured its largest-ever single contract, a four-year order worth about £...
Concurrent Technologies wins largest-ever contract worth GBP17 million
(Alliance News) - Concurrent Technologies PLC on Thursday announced it won a contract from a "major" European defence equipment prime operator.
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