20th Oct 2005 06:00
FOR IMMEDIATE RELEASE 20 OCTOBER 2005 CHEMRING GROUP PLC US COUNTERMEASURES DIVISION SECURES $7 MILLION CONTRACT FOR US DEPARTMENT OF DEFENSE URGENT OPERATIONAL REQUIREMENTS Chemring Group PLC ("Chemring") is pleased to announce that its UScountermeasures business, Alloy Surfaces Company, Inc. ("Alloy Surfaces") basedin Philadelphia, has recently secured a further $7 million order from the USDepartment of Defense for the supply of its unique, special material decoys.The decoys will be utilised on helicopters and transport aircraft engaged inoperations in Iraq and Afghanistan. Deliveries under the contract will commencethis calendar year.Dr David Price, Chief Executive of Chemring, commented: "Chemring has madesignificant investment in its US decoy operations. We are very proud of ourachievements at Alloy Surfaces, and this contract award reflects the growingservice requirement for its special material decoys. It will result in asubstantial increase in Alloy Surfaces' production rates throughout 2006."Chemring is an international leader in defensive countermeasures, energeticmaterials, and marine safety products. The countermeasures division comprisesChemring Countermeasures in the UK, and Alloy Surfaces Company, Inc. andKilgore Flares Company LLC in the US.For further information:Dr David Price Chief Executive, Chemring Group PLC 01489 881880Jonathan Rooper Cardew Group 0207 930 0777ENDCHEMRING GROUP PLCRelated Shares:
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