Avingtrans PLC Hayward Tyler Secures UK Submarine Pump Contract
September 05 2018 - 1:01AM
RNS Non-Regulatory
TIDMAVG
Avingtrans PLC
05 September 2018
5 September 2018
Avingtrans Plc
("Avingtrans" or the "Company" or the "Group")
Hayward Tyler Secures UK Submarine Pump Contract
Avingtrans (AIM: AVG), which designs, manufactures and supplies
critical components, modules and associated services to the energy
and medical sectors is pleased to announce that it recently secured
orders worth just under GBP3m, for the supply of high integrity
pumps for the Astute class submarine programme.
The pumps, and through life support, will be provided by the
team based in the Hayward Tyler (HT) facility in Luton, UK. Hayward
Tyler has a proud history of supporting the UK nuclear submarine
fleet having supplied equipment since the Valiant class boats of
the 1960s. The ongoing provision of support involves both the
supply of original equipment and the aftermarket support for the
lifetime of the boat.
Hayward Tyler, owned by Avingtrans plc, supports the submarine
programme from both its UK facilities in Luton and East Kilbride.
Hayward Tyler's sister companies, Peter Brotherhood, Stainless
Metalcraft and Ormandy Rycroft also support the UK Royal Navy,
including the recent manufacture and testing of steam turbines for
Astute. This synergy of skills and capability across the Group
positions the business well to continue to strengthen this long
term strategic partnership.
Mike Turmelle, Managing Director of Avingtrans Plc's Hayward
Tyler division, said: "We are delighted to secure this contract for
continued support to the UK nuclear submarine fleet. It's a great
win for our Luton team and a clear indication of our commitment to
continue supporting the programme for many more decades to
come."
Steve McQuillan, CEO of Avingtrans Plc, said: "This is a great
win for Mike and the team and clearly shows how we have maintained
continuity through the Hayward Tyler integration and are building
solidly for the future. This win highlights the engineering
excellence within the group that we continue to develop and that
underpins our forward strategy."
Enquiries:
Avingtrans plc
Steve McQuillan, CEO
Stephen King, CFO 0135 469 2391
N+1 Singer
Shaun Dobson
Lauren Kettle 020 7496 3000
Newgate Communications
(Financial PR)
Adam Lloyd
James Browne 020 7653 9850
About Avingtrans
Avingtrans is engaged in the provision of highly engineered
components, systems and services to the energy, medical and traffic
management industries worldwide.
Energy and Medical
Stainless Metalcraft Ltd - Chatteris, UK and Chengdu,
China
Provider of safety-critical equipment for the energy,
medical, science and research communities, worldwide,
specialising in precision pressure and vacuum vessels
and associated fabrications, sub-assemblies and systems.
Maloney Metalcraft Ltd - Aldridge, UK
Designs, manufactures and services oil and gas extraction
and processing equipment, including process plant for
dehydration, sweetening, drying and compression.
Hayward Tyler - Luton & East Kilbride, UK and USA, China
and India
Specialises in the design, manufacture and servicing of
performance-critical motors and pumps in challenging environments
Peter Brotherhood - Peterborough, UK
Specialises in the design, manufacture and servicing of
performance-critical steam turbines, turbo gen-sets, compressors,
gear boxes and combined heat and power systems
Composite Products Ltd - Buckingham, UK
Centre for composite technology, parts and assemblies,
serving customers in industrial markets.
Scientific Magnetics - Abingdon, UK
Designs and manufactures superconducting magnet systems
and associated cryogenic systems for a variety of markets
Crown International Ltd - Portishead, UK
Designs and manufactures market-leading pole and support
systems for roadside signage and safety cameras, rail
track signalling and gantries.
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END
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