TIDMAVON

RNS Number : 2249U

Avon Rubber PLC

01 April 2021

1 April 2021

Avon Rubber p.l.c.

U.S. Army Ballistic Helmet Order

Avon Rubber p.l.c. is pleased to confirm a modification to the existing U.S. Army Integrated Head Protection System low rate initial production contract to increase the value by an estimated $28.4 million.

As part of this modification the U.S. Army has placed an order under this contract worth $18.9 million. Deliveries under this modification are expected to commence in our current financial year and will contribute to our Military revenues for the year.

For further enquiries, please contact:

 
 Avon Rubber p.l.c. 
 Paul McDonald, Chief Executive Officer          01225 896 848 
 Nick Keveth, Chief Financial Officer 
 Ryan Mahoney, Deputy Chief Financial Officer 
 
 MHP Communications 
 Andrew Jaques                                   0203 128 8570 
 Charlie Barker                                  avonrubber@mhpc.com 
 Pete Lambie 
  Ailsa Prestige 
 

Legal Entity Identifier: 213800JM1AN62REBWA71

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 those Regulations.

Note to editors:

Avon Rubber is listed on the London Stock Exchange (LSE: AVON) and is a constituent of the FTSE 250 Index.

Avon Rubber is an innovative technology group, which designs and produces life critical personal protection systems to maximise the performance and capabilities of its customers, with leading positions in the respiratory and ballistic protection markets for the world's militaries and first responders.

For further information, please visit our website: www.avon-rubber.com .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCDZGFFZMFGMZZ

(END) Dow Jones Newswires

April 01, 2021 02:00 ET (06:00 GMT)

Avon Protection (LSE:AVON)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Avon Protection Charts.
Avon Protection (LSE:AVON)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Avon Protection Charts.