30th Apr 2020 10:46
(Alliance News) - Meggitt PLC on Thursday said it has been awarded a USD78 million contract for the design and installation of a training facility in a Middle Eastern country.
The FTSE 100-listed aerospace company said this win validates its strategy of pairing the live-fire and virtual portfolio of products with a global presence, supporting its customers in the Middle East and elsewhere.
"As the global leader in virtual and live-fire small-arms training, Meggitt Training Systems is ideally suited to deliver this programme for the benefit of our customer and its forces," said Jeff Murphy, president of Meggitt Training Systems.
Meggitt shares were trading 2.0% lower in London on Thursday at 293.00 pence each.
By Evelina Grecenko; [email protected]
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