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

Related Shares

More News

14 May 2024 16:18

UK earnings, trading statements calendar - next 7 days

9 May 2024 16:52

LONDON MARKET CLOSE: FTSE 100 climbs after doveish BoE decision

(Alliance News) - Stock prices in London closed higher on Thursday, with the FTSE 100 achieving another record high, supported by a Bank of England ra...

9 May 2024 14:22

TRADING UPDATES: North American Income replaces investment manager

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

9 May 2024 12:53

Avon Protection inks £38m contract with UK MoD

(Sharecast News) - Avon Protection announced a contract with the UK Ministry of Defence (MoD) on Thursday, for the provision of General Service Respir...

9 May 2024 12:11

LONDON MARKET MIDDAY: Stocks climb as BoE holds but two back cut

(Alliance News) - The FTSE 100 was higher on Thursday afternoon, after the Bank of England maintained the benchmark UK interest rate at 5.25%, albeit ...