This is a Reach (i.e. non-regulatory) announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance
Defence Order
Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that its subsidiary, Petards Joyce-Loebl (PJL), has received an order worth approximately £0.65 million from BAE Systems (Operations) Limited ("BAE").
The order is for Petards products which provide essential electrical safety assurance in military aerospace applications, protecting the lives of the civilian and military personnel working with military aircraft around the world.
Delivery of the full order is scheduled to be completed during 2026.
Commenting on the order, Petards Chairman Raschid Abdullah said;
"We are very pleased that BAE has selected Petards to meet the requirements of its customers in keeping their critical military assets operational, and the personnel that support and operate them safe.
"Petards Joyce-Loebl has been supplying these products to BAE and to the wider defence market for many years, and has a long history in the design, manufacture and support of robust electronic products used in demanding applications."
Contacts:
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Petards Group plc |
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Raschid Abdullah, Chairman |
Mb: 07768 905 004 |
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Notes to editors:
Petards Defence is a division of Petards Joyce-Loebl (PJL), an SME based in the North East of England. We are expert in the development of high quality and reliable defence technology and our lineage in the UK defence sector dates back to the 1950s. PJL's principal facility in Gateshead, Tyne and Wear, employs a highly skilled and experienced team of 45 engineers, technicians and support staff, encouraging the maintenance of highly skilled jobs in a traditional manufacturing region.
Having supplied and supported many equipment types over its long history, Petards Defence is uniquely placed to provide the critical range of specialist skills required by the defence sector to support the equipment used by the UK's armed forces. It has established a strong reputation for being a responsive, flexible and reliable partner in delivering challenging military programmes. Petards Defence excels in the disciplines of Communications Information Systems, Ruggedised Electronic Control Systems, Integrated Logistic Support and in the provision of Engineering Services to UK MOD and its prime contractors.
https://www.petards.com/our-solutions/defence-services/