Avon Protection PLC - Wiltshire, England-based personal protection equipment company - Confirms that it has been selected by the German Navy to supply its multirole rebreather for military diving operations. Adds that this is a "multi-million euro order", and includes the supply of ongoing technical support.
Chief Executive Officer Jos Sclater says: "The selection of our rebreather by the German Navy is a significant award for Avon Protection and the military diving personnel who will benefit from the cutting-edge technologies and enhanced operability it will bring them."
Current stock price: 905.00 pence, up 1.3% in London on Monday morning
12-month change: down 15%
By Holly Beveridge, Alliance News reporter
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Avon Protection (AVON)