Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Waterman Wins Design Contract For UK Army Rebasing Programme

15th Nov 2016 09:09

LONDON (Alliance News) - Waterman Group PLC on Tuesday said it has been appointed to the UK Ministry of Defence's Army Basing Programme, designed to improve living conditions for British soldiers.

Waterman, an engineering and environmental consultant, will work as the engineering designer on more than half the development programme, which will cover upgrading garrison facilities at Bulford, Tidworth, Perham Down, Larkhill and Aldershot.

No financial details were disclosed on the contract.

"We are honoured to be involved in this prestigious scheme which will vastly improve the lives of British soldiers and civilians. We look forward to meeting the challenging requirements of the ABP and continuing to work with this experienced team at Aspire Defence, delivering each building on time and to the high level of quality expected of us," said Waterman Chief Executive Nick Taylor.

Waterman shares were up 3.7% to 80.85 pence on Tuesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

FTSE 100 Latest
Value8,125.15
Change-18.98