Rail and Defence Orders

Summary by AI BETAClose X

Petards Group PLC announced that its subsidiary, Petards Joyce-Loebl, has secured new orders totaling over £0.9 million. The company received over £0.5 million for eyeTrain systems for rail fleet retrofits, with deliveries expected later this year and completion in 2027. Additionally, a £0.4 million order was secured for proprietary safety equipment for military aerospace applications, with delivery scheduled for completion during 2026. These contracts are expected to support the Group's revenues for the current and next financial years.

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