9th Feb 2023 09:23
Avon Protection PLC - Wiltshire, England-based personal protection company which makes defence equipment for military, police, industrial and fire service personnel - Receives second delivery combat helmet order worth USD6.7 million from the US Defense Logistics Agency, within the US Department of Defense. This is under the second-generation advanced combat helmet contract SPE1C1-22-D-1516, which was previously awarded in February 2022. Says rigorous testing is still ongoing ahead of manufacturing ramp-up plans with initial deliveries commencing in its financial year ending March 31, 2024, "positioning Avon Protection as the leading helmet supplier to the US Department of Defense".
Current stock price: 982.11 pence, up 0.2%
12-month change: down 16%
By Greg Rosenvinge, Alliance News reporter
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