Contract9 Aug 2018 09:31
Pennant International Group plc ("Pennant" or the "Group"), the AIM quoted supplier of integrated training and support solutions, products and services which train and assist engineers in the defence and regulated civilian sectors, is pleased to announce that it has been provisionally selected on a major programme, subject to contract.
The contract would involve Pennant designing, building and delivering training equipment to an undisclosed customer. The Group anticipates the contract value to be in the region of £25 million to £30 million, deliverable over 2019, 2020 and 2021. The opportunity remains subject to contract.