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Pin to quick picksPetards Regulatory News (PEG)

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Contract Announcement

13 Nov 2013 09:21

RNS Number : 9040S
Petards Group PLC
13 November 2013
 



13 November 2013

 

 

PETARDS GROUP PLC ("Petards" or the "Group")

 

Petards awarded contract to supply and support Secure Management Radio Equipment to the RAF

 

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a contract worth over £7 million by the Ministry of Defence (MOD) for the supply and support of secure radio equipment for the RAF.

The contract is for the replacement of the RAF's entire current Secure Management Radio Equipment (SMRE) capability. The purpose of SMRE is to allow Air Traffic Control at RAF bases to direct the safe movement of vehicles and personnel on the airfield manoeuvring area. It is also used in a secondary role to provide direct communication between Air Traffic Control and those in an airfield support role such as guards, medical personnel, re-fuelling and fire crews.

 

The project, the bulk of which will be delivered over the next 15 months, includes a contract to provide maintenance and support to SMRE over a ten year period until November 2023 with the option to extend that support contract by a further five years.

 

Petards Chairman Raschid Abdullah said;

 

"We are absolutely delighted to have been awarded this contract by the MOD with whom we have a long established relationship in the provision and support of mobile radio systems. I believe that our success in securing this business is clear recognition of Petards' expertise, experience and service in the telecommunication field."

 

 

 

Contacts:

 

Petards Group plc

www.petards.com

Raschid Abdullah, Chairman

Tel: 01483 452 333

Mb: 07768 905 004

WH Ireland Limited, Nomad and Joint Broker

www.wh-ireland.co.uk

Mike Coe

Tel: 0117 945 3470

Hybridan LLP, Joint Broker

Claire Louise Noyce

Tel: 020 7947 4350

E-mail: claire.noyce@hybridan.com

William Lynne

Tel: 020 7947 4361

E-mail: william.lynne@hybridan.com

 

 

 

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