(Alliance News) - Pennant International Group PLC on Monday said it signed a strategic partnership with Aquila Learning Ltd, a developer of technologies and services for complex training needs.
Cheltenham, England-based Pennant International provides training technologies and product support for the defence, aerospace and other industries.
Pennant said the partnership aims for a collaboration on several projects, such as the integration of ALaRMS, or Aquila Learning & Requirements/Resource/Record.
Pennant International Chief Executive Officer Phil Walker said: "The integration will generate additional synergies within both product and customer base, leveraging Pennant's 65-year track record and international reputation for providing leading-edge software, services and training solutions in support of Aquilla's continued development."
Pennant International shares rose 4.7% to 39.78 pence each on Monday afternoon in London.
By Tom Budszus, Alliance News reporter
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Pennant International (PEN)