5th Jun 2026 13:59
(Alliance News) - Defence Holdings PLC on Friday saw its shares jump after noting a potential contract award from the UK Ministry of Defence.
The London-based defence technology group confirmed the publication of a UK government transparency notice, which covers a proposed contract award involving Defence Holdings.
The contract in question "relates to the testing of an integrated capability designed to fuse open-source and classified intelligence into a single analytical platform, generate courses of action and support rapid, human-controlled deployment of authorised effects across cyber, information and supply-chain domains", the company said.
According to the government notice, the contract is worth about GBP226,000 over three months. The award remains subject to approval and procurement processes.
Defence Holdings stock shares rose 18% to 1.24 pence on Friday afternoon in London, and have more than doubled over the past year.
By Holly Munks, Alliance News reporter
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