17 Dec 2015 07:00
17 December 2015
TP Group plc
("TP Group" or the "Group")
TP Group wins £1.95m defence sector orders
TP Group (AIM: TPG), the specialist technology, engineering and managed solutions group focused on the aerospace & defence and energy & process industry sectors, is pleased to announce that it has received two defence sector orders this week worth a total of circa £1.95m from Babcock International Group. These orders are for the overhaul of Submarine Atmosphere Control Systems during the refit of two UK Submarines. The work will be undertaken in Portsmouth over the next two years.
Phil Cartmell, Chief Executive Officer, commented:
"We are very pleased to secure further maintenance and repair work from Babcock. These orders further strengthen our order book in the aerospace & defence sector, and provide good visibility of both revenue and production activity at our Portsmouth facility for 2016 and beyond."
For further information please contact:
TP Group Plc | |
Phil Cartmell, Chief Executive Officer | 01753 285 810 |
Mark Crawford, Chief Financial Officer www.tpgroup.uk.com
| |
Cenkos | |
Steven Keys / Mark Connelly www.cenkos.com
| 020 7397 8980 |
Vigo Communications | |
Jeremy Garcia / Fiona Henson | 020 7016 9570 |
www.vigocomms.com |
NOTES TO EDITORS
TP Group is a group of innovative UK based engineering companies, supplying technologies and support to global Aerospace & Defence and Energy & Process Industries markets. The Group designs and develops advanced technologies; engineers complex equipment and systems; and provides support throughout their operational life. TP Group shares have been traded on the London Alternative Investment Market (AIM) since July 2001.