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IN BRIEF: Avon Wins Mask Supply Contract From US Defence Department

Wed, 24th Jun 2020 12:50

Avon Rubber PLC - respiratory protection equipment manufacturer - Awarded sole source requirements contract to supply US Department of Defense with M50 Mask System, along with related spares and accessories. Contract has initial maximum value of USD50 million over five-year duration. Expects first order shortly, with deliveries to commence in second half of financial year ending September 30.

Current stock price: 3,095.00 pence

Year-to-date change: up 49%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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