Less Ads, More Data, More Tools Register for FREE

Pin to quick picksChemring Regulatory News (CHG)

Share Price Information for Chemring (CHG)

Share Price is delayed by 15 minutes
Get Live Data
500.00    0.00 (0.00%)
Bid:
499.80
Ask:
500.50
Spread: 0.70 (0.14%)
Market Cap: £1.35b
CHG Live PriceLast checked at - London Stock Exchange

Intraday Chemring Share Chart

CONTRACT AWARDS

20 Dec 2012 07:00

RNS Number : 9754T
Chemring Group PLC
20 December 2012
 



FOR IMMEDIATE RELEASE 20 December 2012

 

 

CHEMRING GROUP PLC

 NIITEK AWARDED $32 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 two additional delivery orders totaling $32 million to provide spares for both the US Army and US Marine Corps. These delivery orders are issued as part of the multi-year Husky Mounted Detection System ("HMDS") Ground Penetrating Radar ("GPR") Indefinite-Delivery/Indefinite-Quantity ("IDIQ") contract that was awarded on 30 April 2012. This contract not only provides the US Army with the ability to procure spares and replacement systems to replenish theatre sustainment stock, but also provides the ability to serve future system requirements for the US Marine Corps and potential Foreign Military Sales. The potential value of the IDIQ contract is $579 million, with performance into 2013.

Mark Papworth, Chief Executive of Chemring, commented:

"We are delighted that these additional delivery orders enable us to continue our vital support to the US Army and US Marine Corps with NIITEK's HMDS products. Since the inception of the HMDS over four years ago, our commitment remains to provide the best explosives and mine detection capability to US and coalition forces currently in combat, as well as looking ahead to support them as they stand ready to conduct operations around the world."

-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 eighty 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.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTFFLEFUFESEIE
Date   Source Headline
2nd Oct 202012:31 pmRNSHolding(s) in Company
2nd Oct 202010:36 amRNSDirector/PDMR Shareholding
1st Oct 20205:48 pmRNSTotal Voting Rights
30th Sep 20207:00 amRNSContract Awards
24th Sep 20204:08 pmRNSHolding(s) in Company
16th Sep 202012:02 pmRNSPrice Monitoring Extension
15th Sep 202012:02 pmRNSPrice Monitoring Extension
15th Sep 202011:03 amRNSHolding(s) in Company
15th Sep 20207:00 amRNSTrading Update
11th Sep 202011:49 amRNSHolding(s) in Company
1st Sep 202011:34 amRNSTotal Voting Rights
27th Aug 202012:08 pmRNSSecond Price Monitoring Extn
27th Aug 202012:02 pmRNSPrice Monitoring Extension
26th Aug 202012:02 pmRNSPrice Monitoring Extension
21st Aug 20202:44 pmRNSHolding(s) in Company
17th Aug 202012:02 pmRNSPrice Monitoring Extension
12th Aug 202011:30 amRNSHolding(s) in Company
3rd Aug 20209:54 amRNSTotal Voting Rights
31st Jul 202012:07 pmRNSSecond Price Monitoring Extn
31st Jul 202012:02 pmRNSPrice Monitoring Extension
30th Jul 202011:22 amRNSDirector/PDMR Shareholding
30th Jul 202011:18 amRNSDirector/PDMR Shareholding
14th Jul 202012:07 pmRNSSecond Price Monitoring Extn
14th Jul 202012:02 pmRNSPrice Monitoring Extension
10th Jul 202012:07 pmRNSSecond Price Monitoring Extn
10th Jul 202012:02 pmRNSPrice Monitoring Extension
8th Jul 202012:07 pmRNSSecond Price Monitoring Extn
8th Jul 202012:02 pmRNSPrice Monitoring Extension
7th Jul 20204:02 pmRNSHolding(s) in Company
6th Jul 20202:03 pmRNSHolding(s) in Company
6th Jul 20201:58 pmRNSHolding(s) in Company
2nd Jul 202012:02 pmRNSPrice Monitoring Extension
1st Jul 202011:36 amRNSTotal Voting Rights
22nd Jun 20204:26 pmRNSDirector/PDMR Shareholding
19th Jun 20209:34 amRNSBlock listing update
19th Jun 20209:28 amRNSBlock listing Interim Review
3rd Jun 20207:00 amRNSDirectorate Change
3rd Jun 20207:00 amRNSInterim Results
1st Jun 20209:20 amRNSTotal Voting Rights
27th May 202011:16 amRNSHolding(s) in Company
7th May 20207:00 amRNSCompletion of disposal
1st May 202011:39 amRNSTotal Voting Rights
29th Apr 202010:31 amRNSDisclosure of Rights Attached to Equity Shares
20th Apr 20207:05 amRNSDirector Declaration
14th Apr 20207:00 amRNSCovid-19 Update
7th Apr 202012:07 pmRNSSecond Price Monitoring Extn
7th Apr 202012:02 pmRNSPrice Monitoring Extension
3rd Apr 202012:34 pmRNSTotal Voting Rights
1st Apr 20201:36 pmRNSTotal Voting Rights
30th Mar 20204:09 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.