Petards Group PLC Contract Award (4439A)
December 22 2014 - 5:00AM
UK Regulatory
TIDMPEG
RNS Number : 4439A
Petards Group PLC
22 December 2014
22 December 2014
Petards Group plc
("Petards" or "the Company")
MOD Contract Award
Petards, the AIM quoted developer of advanced security and
surveillance systems, announces that it has been awarded a contract
by the Ministry of Defence ("MOD") to provide defensive aids
equipment for use on aircraft within its fleet.
The contract, worth over GBP1m, is for the supply of Electronic
Countermeasures equipment which will form part of an integrated
Defensive Aids Suite to be installed on Royal Navy Merlin Mk 2
helicopters. The equipment is expected to be delivered in the
second half of 2015.
Commenting, Raschid Abdullah, Petards Chairman said: "We are
delighted that the MOD has chosen Petards for this electronic
countermeasures project which will serve to protect these aircraft
and the lives of the Service Personnel that fly in them. The
Company has been supplying and servicing such systems for the MOD
for many years and we believe that this is indicative of the value
that the MOD places on our expertise in this specialist field."
For further information:
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905 004
Andy Wonnacott, Finance Director Tel: 0191 420 3000
WH Ireland Limited, Nomad and www.wh-ireland.co.uk
Joint Broker
Mike Coe Tel: 0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 020 3713 4581
claire.noyce@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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