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IN BRIEF: Chemring's Roke signs GBP26 million deal with US contractor

14th Jan 2025 12:14

Chemring Group PLC - Hampshire, England-based provider of technology products and services to aerospace, defence and security markets - Says Roke signs multi-year agreement with "major US prime contractor" to supply high-speed miniature radar altimeter. The contract is worth at least GBP26 million over four years, with deliveries starting in October. Chemring says Roke's MRA is the smallest of its type available for use in missile systems and uncrewed air vehicles.

Current stock price: 325.50 pence, up 1.7%

12-month change: down 5.9%

By Michael Hennessey, Alliance News reporter

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Copyright 2025 Alliance News Ltd. All Rights Reserved.

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