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Contract

12th Oct 2011 07:00

RNS Number : 0026Q
Meggitt PLC
12 October 2011
 



For Immediate Release

12 October 2011

 

 

Meggitt PLC ("Meggitt")

 

 

Meggitt selected for multi-million dollar US Army live-fire target systems contract

Meggitt PLC, a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, is pleased to announce thatMeggitt Training Systems has been selected, as one of five suppliers, to provide equipment for live-fire training ranges at US Army installations worldwide in a fixed price contract worth up to $475 million over the next five years.

The "indefinite delivery/indefinite quantity" (IDIQ) contract for the US Army's Targetry Systems programme is with TACOM, the US Army Contracting Command in Warren, Michigan-one of the Army's largest weapon systems research and development organisations.

Meggitt will manufacture and install stationary and moving infantry and armour target mechanisms and control systems and provide product support.

 

Contracts are open to competition among the winning bidders, which, with Meggitt Training Systems, number Lockheed Martin, Action Target, Strategic Systems and Saab Training.

 

Meggitt has already won initial contracts for installations at the Fort Stewart Modified Record Fire and Detroit Arsenal Test #5 ranges.

 

Ronald Vadas, President of Meggitt Training Systems, commented: "Our selection is testament to the strength of our 15-year relationship with the US Army and we look forward to continuing to respond to its evolving range development and modernisation requirements."

 

 

 

ENDS

 

For further information contact: 

 

 

Richard Cashin, Investor Relations, Meggitt PLC

 

Tel: 01202 597867

Buchanan

Charles Ryland, Jeremy Garcia and Helen Chan

Tel: 020 7466 5000

 

 

About Meggitt Training Systems

Meggitt Training Systems, makers of FATS® and Caswell technologies, is the leading supplier of integrated live-fire and virtual weapons training systems, unmanned land and sea vehicles, aerial targets and electronic scoring systems. Over 10,000 Meggitt live-fire ranges and 5,100 virtual systems are fielded internationally, providing judgmental, situational awareness and marksmanship training to the armed forces, law enforcement and security organisations.

 

Meggitt Training Systems employs more than 400 people at its headquarters in Atlanta and at facilities in Orlando, Canada, the UK, Netherlands, UAE, Australia and Singapore. It can deploy service personnel anywhere in the world for instructor training, system installation and maintenance.

 

Meggitt Training Systems is a business unit in Meggitt's Equipment Group division.

 

 

About Meggitt PLC

Headquartered in the United Kingdom, Meggitt PLC is an international group operating in North America, Europe and Asia. Known for its specialized extreme environment engineering, Meggitt is a world leaderin aerospace, defense and energy. Meggitt employs over 10,000 people at around 40 manufacturing facilities and regional offices worldwide.

 

ENDS

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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