CONTRACT AWARD

RNS Number : 1247D

Chemring Group PLC

26 November 2009

 



FOR IMMEDIATE RELEASE                                                                                          26 NOVEMBER 2009

CHEMRING GROUP PLC

 KILGORE FLARES AWARDED MULTI-YEAR FLARE CONTRACT

Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary, Kilgore Flares Company LLC ("Kilgore"), based in Toone, Tennessee, has been awarded an IDIQ (indefinite delivery/indefinite quantity) contract for the supply of MJU-39 and MJU-40 infra-red (IR) decoy flares to the US Department of Defense. The flares are used by the US Air Force to protect the F-22 Raptor aircraft from the threat of IR guided missiles. The contract extends over a four year period, and has a maximum potential value of $54 million. A first delivery order at a value of $24 million, for delivery in 2010 and 2011, has been placed on Kilgore.

Dr David Price, Chief Executive of Chemring, commented "I am delighted that we have now received this multi-year contract from the US Air Force. It is of particular importance to our US countermeasures business and recognises our unique capabilities in the development and production of advanced countermeasure technology for air-superiority aircraft."  

Chemring is an international leader in defensive countermeasures and energetic materials. The countermeasures division comprises Alloy Surfaces Company, Inc. and Kilgore Flares Company LLC in the US, and Chemring Countermeasures Limited in the UK.

For further information:

Dr David Price	Chief Executive, Chemring Group PLC	01489 881880
Paul Rayner	Finance Director, Chemring Group PLC	01489 881880
Rupert Pittman	Cardew Group	020 7930 0777

 

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