19th Aug 2020 10:55
(Alliance News) - Avon Rubber PLC said Wednesday its Avon Protection business has been given a 10-year contract by the NATO Support & Procurement Agency, for the supply of FM50 mask systems, air systems, filters and other accessories.
The Wiltshire-based respiratory equipment manufacturer said it expects to receive the first order under the contract shortly, with initial deliveries adding to the group's Rest of World Military revenue for the financial year ending September 30, 2021.
"I am delighted that Avon Protection's world leading expertise in respiratory protection has been recognised by NATO through this contract award. This contract award reflects continued delivery of our strategy to further broaden our customer base and maximise the value from our current portfolio," said Chief Executive Officer Paul McDonald.
Shares in Avon Rubber were up 4.5% at 3,582.98 pence on Wednesday in London.
By Dayo Laniyan; [email protected]
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