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US DOD Order

3 Mar 2016 07:00

RNS Number : 8538Q
Avon Rubber PLC
03 March 2016
 

Strictly embargoed until 07:00 Thursday 3 March 2016

 

AVON RUBBER p.l.c. ("Avon", the "Group" or the "Company")

 

US Department of Defense Mask Systems Order

 

Avon is pleased to announce the receipt of an order for 166,623 M50 mask systems worth $42m under its 10 year sole source contract with the US Department of Defense ('DOD'). This order secures the anticipated volume of M50 mask system sales to the DOD for our 2016 financial year.

 

Commenting, Rob Rennie, Chief Executive Officer, said,

"The continued fielding of our M50 mask to all US service personnel pursuant to the JSGPM contract vehicle continues in line with our expectations. The M50 provides US troops with state of the art protection against CBRN threats."

 

Interim results for the six months ended 31 March 2016 will be announced on 4 May 2016.

 

For further enquiries, please contact:

 

Avon Rubber p.l.c.

Rob Rennie, Chief Executive Officer

01225 896870

Andrew Lewis, Group Finance Director

01225 896830

Sarah Matthews-DeMers, Associate Group Finance Director

01225 896835

Weber Shandwick Financial

Nick Oborne

020 7067 0700

 

Note to editors: The Group has transformed itself over the past five years into an innovative design and engineering group specialising in two core markets, Protection & Defence and Dairy. With a strong emphasis on research and development we design, test and manufacture specialist products from a number of sites in the US and UK, serving markets around the world. We achieve this through nurturing the talent and aspirations of our employees to realise their highest potential.

Avon Protection is the recognised global market leader in advanced Chemical, Biological, Radiological and Nuclear (CBRN) respiratory protection systems technology for the world's military, homeland security, first responder, fire and industrial markets. With an unrivalled pedigree in mask design dating back to the 1920's, Avon Protection's advanced products are the first choice for Personal Protective Equipment (PPE) users worldwide and are placed at the heart of many international defence and tactical PPE deployment strategies. Our expanding global customer base now includes military forces, civil and first line defence troops, emergency service teams and industrial, marine, mineral and oil extraction site personnel. All put their trust in Avon's advanced respiratory solutions to shield them from every possible threat.

Our world-leading Dairy business and its Milkrite brand have a global market presence. With a long history of manufacturing liners and tubing for the dairy industry, Milkrite has become the leading innovator and designer for products and services right at the heart of milking. Our goal is always to improve and maintain animal health. Working with the leading scientists and health specialists in the global dairy industry we continue to invest in technology to further improve the milking process and animal welfare. Our products provide exceptional results for both the animal and the milker, making the milk extraction process run smoothly. As our market share and milking experience continue to grow, so does our global presence.

 

For further information please visit the Group's website www.avon-rubber.com

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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