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21 Jan 2022 10:19
FOR IMMEDIATE RELEASE 21 January 2022
PENNANT INTERNATIONAL GROUP PLC
Major Programme Update
Pennant named as key supplier by Boeing Defence United Kingdom
Pennant International Group plc (AIM:PEN)("Pennant", the "Group" or "Company"), a leading global provider of training technology and integrated product support solutions, provides the following update.
The Group is pleased to note that it has been named as a key supplier in this morning's announcement by Boeing Defence United Kingdom Limited (BDUK) regarding the award of the long-term services contract for the UK's new Apache helicopter fleet.
Pennant's scope of work will be to deliver several new and upgraded Part Task Trainers which are compatible with the new fleet (this being referred to in prior announcements as the 'Major Programme'). Pennant and BDUK are presently working to finalise Pennant's contract and award is expected imminently.
The Group looks forward to working with BDUK to deliver this important capability to UK Defence.
The BDUK press release may be viewed here:
https://www.boeing.co.uk/news-media-room/news-releases/2022/january/boeing-expands-uk-military-support-with-apache-ah-64e.page
Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
Enquiries:
Pennant International Group plc | www.pennantplc.co.uk |
Philip Walker, CEO David Clements, Commercial & Risk Director | +44 (0) 1452 714 914 |
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WH Ireland Limited (Nomad and Broker) | www.whirelandcb.com |
Mike Coe Sarah Mather | +44 (0) 20 7220 1666 |
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Walbrook PR (Financial PR) | paul.vann@walbrookpr.com |
Paul Vann Tom Cooper | +44 (0)20 7933 8780 Mob: +44 (0)7768 807631 |
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