Last checked at 24 Apr 2013 07:00
FOR IMMEDIATE RELEASE 24 April 2013
CHEMRING GROUP PLC
NIITEK AWARDED $33 MILLION ADDITIONAL HMDS IDIQ DELIVERY ORDERS
Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary, Non-Intrusive Inspection Technology, Inc. ("NIITEK"), has been awarded a further delivery order worth $24 million to provide spares for the Husky Mounted Detection System ("HMDS") for the US Army. This supplements the $9 million order received in February 2013. These two latest delivery orders are part of the $579 million multi-year HMDS Ground Penetrating Radar Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract that was awarded on 30 April 2012. All items will be delivered on a firm fixed price basis by April 2014.
Mark Papworth, Chief Executive of Chemring, commented:
"NIITEK's HMDS products perform an essential role in protecting troops against the threat of improvised explosive devices. We are delighted that these additional delivery orders enable us to continue our proven support to the US Army, and that NIITEK will continue to deliver critical spares to ensure their fleet is mission ready."
-ENDS-
Chemring Group PLC
Rupert Pittman Director of Communications and Investor Relations
01489 881 880 / rupertp@chemring.co.uk
MHP Communications
Andrew Jaques / James White
0203 128 8100
Notes to Editors:
Chemring is a market leading manufacturing business supplying high technology electronics and energetic products to over sixty countries around the world. Chemring has a diverse portfolio of products that predominantly protect military people and platforms, providing insurance against a constantly changing threat. These range from countermeasures to protect aircraft, to ground penetrating radar to protect troops and vehicles from improvised explosive devices.
NIITEK, a Chemring company since 2008, is the world leader in the design, development and production of Advanced Ground Penetrating Radar ("GPR") systems. NIITEK's Advanced GPR systems are at the leading edge of mine detection technology with over two hundred systems successfully being used by US and Coalition forces in Afghanistan.