Wincanton PLC (WIN.LN), a provider of supply chain and business outsourcing services, said Tuesday it has secured two new five year contracts, with AgustaWestland and BAE Systems PLC (BA.LN).

MAIN FACTS:

-BAE contract is to provide logistics services in support of the supply, repair, maintenance and secure transport of crucial armoured vehicle components for BAE Systems Global Combat Systems Vehicles.

-Under the new agreement, Wincanton will handle components for four types of military vehicles, all currently deployed with the British Army: the Challenger 2 main battle tank, the Bulldog FV430 armoured fighting vehicle, the Panther light armoured vehicle and the AS90 self-propelled gun platform.

-No financial terms disclosed.

-AgustaWestland contract, to manage the company's production stores and logistics operations in and around Yeovil, has a value of approximately GBP27 million over five years.

-Shares closed Monday at 219.5 pence.

-By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268; tommy.stubbington@dowjones.com
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