Petards Regulatory News (PEG)

23 Oct 2007 11:50

Petards Group PLC23 October 2007 Petards Group plc ("Petards" or "the Company") Contract award Petards, the AIM listed developer of advanced surveillance systems, announcesthat Petards Joyce-Loebl has been awarded a major contract by the Ministry ofDefence. The contract, worth over £1m, is for the supply of airborne chaff and flaredispensing equipment which will form part of an integrated defensive aids suiteto be installed on rotary wing aircraft. Deliveries are expected to commence inearly 2008 and should be completed by the end of that year. The defensive aidssuite is designed to protect the aircraft from a range of ground launchedmissiles including shoulder-launched man-portable air defence systems (MANPADS)that are in widespread use throughout the world. This is the latest in a series of contract awards received over recent yearsthat have seen the equipment supplied for use on a wide variety of the UK'saircraft including the RAF's C-130 J and K transport aircraft, Merlin Mk.3,Chinook Mk.2, and Puma helicopters, the Royal Navy's Sea King Mk.4 and Lynxhelicopters, and the British Army's Lynx Mk.9 helicopters. Petards Chief Executive Bill Conn said "I am delighted that the Ministry ofDefence has again selected Petards Joyce-Loebl to work with them on such animportant project. This order together with the previous systems supplied hasestablished Petards as one of the UK's leading suppliers of countermeasuresdispensing equipment." For further information: Petards Group plc Collins Stewart Limited Parkgreen Communications Andy Wonnacott, Finance Director Mark Connelly Paul McManus Tel: 01932 788 288 Tel: 020 7523 8000 Tel: 020 7479 7933 www.petards.com Mob: 07980 541 893 paul.mcmanus@parkgreenmedia.com This information is provided by RNS The company news service from the London Stock Exchange