E2V.L Regulatory News (E2V)

18 Jul 2005 07:00

e2v technologies PLC18 July 2005 18 July 2005 E2V WINS TWT CONTRACT FOR EUROFIGHTER TYPHOON AIRCRAFT e2v technologies announces it has won a £4.3 million order to supply travellingwave tubes (TWTs) for the new Eurofighter Typhoon Defensive Aids Sub System(DASS). DASS is designed to enhance aircraft survivability with an advanced suite ofself defence sensors and countermeasures. TWTs are an important component inthis system. The order comes via SELEX Sensors and Airborne Systems (SELEX S&AS) who supplythe state-of-the-art DASS electronic warfare suite to the Eurofighter Typhoonaircraft, under contract from BAE Systems. The TWTs will be used on a fleet ofover 380 aircraft and will be delivered by e2v over the next two and a halfyears. It has been a key element of e2v's strategic plan to secure new contracts forits TWTs and related products. This contract is an important landmark inachieving this strategic objective and ensures that e2v will be well positionedfor future global business opportunities. Keith Attwood, Chief Executive of e2v said: "We are delighted to win this contract against strong competition from bothNorth American and European TWT manufacturers. This confirms our position as oneof the world's leading suppliers of electronic warfare TWTs. This contract winpositions e2v well for future contracts involving the Eurofighter Typhoon, aswell as other major electronic countermeasures' programmes throughout the restof the world." For further information: e2v technologies plc Tel: 01245 493493Keith Attwood/Mike Hannantwww.e2v.com Gavin Anderson & Company Tel: 0207 554 1400Laura Hickman/Charlotte Stone/Keith Brookbank Notes to Editors •e2v is headquartered in Chelmsford and employs approximately 1,300 staff. •The Group has two product groups: electronic tubes and sensors. These are supplied as components or sub-systems into a diverse range of applications and customers and they typically constitute the enabling technology which is key to the performance of the Group's customers' products. The Group's business originally derived from technology developed during the Second World War for use in radar systems. •e2v operates two production facilities in the United Kingdom, in Chelmsford and Lincoln, and distributes its products to customers directly from the United Kingdom either through its own sales subsidiaries in North America, France and Germany or through a network of independent distributors. In the year ended 31 March 2005, 75% of the Group's products were exported from the United Kingdom to over 50 countries worldwide. • e2v technologies plc was admitted to the Official List of the UK Listing Authority on 23 July 2004. This information is provided by RNS The company news service from the London Stock Exchange