22nd Feb 2016 07:50
LONDON (Alliance News) - Security provider Westminster Group PLC on Monday said it has signed a memorandum of understanding covering a 20-year border security project in the Middle East.
Westminster did not disclose the identity of the client nor any financial details on the agreement, but said it would involve the provision of equipment, training and ongoing maintenance of security screening checkpoints over the course of the contract, which will cover an import border crossing in the Middle East.
"Whilst there is of course no certainty as to timing or the final outcome of these or any of the project opportunities in progress we believe the number of long term, large scale MoU's now in play, any one of which provide significant revenue opportunities, and the momentum we are seeing together with the current focus on security worldwide is encouraging and we will of course continue to update the market on progress in due course," said Chief Executive Peter Fowler.
By Sam Unsted; [email protected]; @SamUAtAlliance
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