CONTRACT AWARD

RNS Number : 1718P
Chemring Group PLC
29 September 2011
 



FOR IMMEDIATE RELEASE                                                                            29 SEPTEMBER 2011

 

 

NIITEK AWARDED $49.5 MILLION CONTRACT

 

 

Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary, Non-Intrusive Inspection Technology, Inc. ("NIITEK"), has been awarded a $49.5 million contract from the US Army to supply spare parts for the Husky Mine Detection System ("HMDS"), in support of US peacekeeping operations around the world. Deliveries under the contract will be made over the period to March 2012.

Dr David Price, Chief Executive of Chemring, commented: "This contract will permit NIITEK to continue to provide critical parts for over 200 systems that the US Army and US Marine Corp have purchased to date. HMDS has proven to be a vital component of the US military's mission to locate buried explosive hazards. The HMDS continues to contribute to the safety of US and coalition forces, and this contract will ensure operational availability of these critical systems."

 

Chemring is an international leader in energetic material products and defensive countermeasures. NIITEK, which was acquired by Chemring in December 2008, is the leading US producer of vehicle-mounted Ground Penetrating Radar ("GPR") systems. NIITEK's GPR systems are at the leading edge of mine detection technology and are currently being used by US forces to protect their soldiers on the ground. 

 

 

 

For further information:

 

Rupert Pittman

Director of Communications & Investor Relations, Chemring Group PLC

01489 881880

 

                       

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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