Hayward Tyler Secures UK Submarine Pump Contract
5 September 2018
Avingtrans Plc
("Avingtrans" or the "Company" or the "Group")
Hayward Tyler Secures UK Submarine Pump Contract
Avingtrans (AIM: AVG), which designs, manufactures and supplies critical components, modules and associated services to the energy and medical sectors is pleased to announce that it recently secured orders worth just under £3m, for the supply of high integrity pumps for the Astute class submarine programme.
The pumps, and through life support, will be provided by the team based in the Hayward Tyler (HT) facility in Luton, UK. Hayward Tyler has a proud history of supporting the UK nuclear submarine fleet having supplied equipment since the Valiant class boats of the 1960s. The ongoing provision of support involves both the supply of original equipment and the aftermarket support for the lifetime of the boat.
Hayward Tyler, owned by Avingtrans plc, supports the submarine programme from both its UK facilities in Luton and East Kilbride. Hayward Tyler's sister companies, Peter Brotherhood, Stainless Metalcraft and Ormandy Rycroft also support the UK Royal Navy, including the recent manufacture and testing of steam turbines for Astute. This synergy of skills and capability across the Group positions the business well to continue to strengthen this long term strategic partnership.
Mike Turmelle, Managing Director of Avingtrans Plc's Hayward Tyler division, said: "We are delighted to secure this contract for continued support to the UK nuclear submarine fleet. It's a great win for our Luton team and a clear indication of our commitment to continue supporting the programme for many more decades to come."
Steve McQuillan, CEO of Avingtrans Plc, said: "This is a great win for Mike and the team and clearly shows how we have maintained continuity through the Hayward Tyler integration and are building solidly for the future. This win highlights the engineering excellence within the group that we continue to develop and that underpins our forward strategy."
Enquiries:
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Avingtrans plc Steve McQuillan, CEO Stephen King, CFO
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0135 469 2391 |
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N+1 Singer Shaun Dobson Lauren Kettle
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020 7496 3000 |
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Newgate Communications James Browne |
020 7653 9850 |
About Avingtrans
Avingtrans is engaged in the provision of highly engineered components, systems and services to the energy, medical and traffic management industries worldwide.
Energy and Medical
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Stainless Metalcraft Ltd - Chatteris, UK and Chengdu, China |
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Provider of safety-critical equipment for the energy, medical, science and research communities, worldwide, specialising in precision pressure and vacuum vessels and associated fabrications, sub-assemblies and systems.
Maloney Metalcraft Ltd - Aldridge, UK |
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Designs, manufactures and services oil and gas extraction and processing equipment, including process plant for dehydration, sweetening, drying and compression.
Hayward Tyler - Luton & East Kilbride, UK and USA, China and India Specialises in the design, manufacture and servicing of performance-critical motors and pumps in challenging environments
Peter Brotherhood - Peterborough, UK Specialises in the design, manufacture and servicing of performance-critical steam turbines, turbo gen-sets, compressors, gear boxes and combined heat and power systems
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Composite Products Ltd - Buckingham, UK Centre for composite technology, parts and assemblies, serving customers in industrial markets.
Scientific Magnetics - Abingdon, UK Designs and manufactures superconducting magnet systems and associated cryogenic systems for a variety of markets
Crown International Ltd - Portishead, UK Designs and manufactures market-leading pole and support systems for roadside signage and safety cameras, rail track signalling and gantries.
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