13th Jan 2015 07:00
FOR IMMEDIATE RELEASE 13 January 2015
Meggitt PLC
Contract win
$31.7 million US Marine Corps contract for Meggitt small arms trainer
Meggitt PLC ("Meggitt" or "the Group"), a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, announces that Meggitt Training Systems has won a $31.7 million contract for indoor simulated marksmanship training systems from the US Marine Corps (USMC).
The five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract covers the design, development, installation and support for some 670 systems and weapon simulators at US Marine Corps facilities at home and abroad.
Meggitt Chief Executive, Stephen Young commented: "Following our $99 million small arms trainer award for the US Army announced in 2014, this second major contract reinforces our product's system-of-record status.
"Meggitt Training Systems' association with the USMC began 26 years ago when it used its small arms training expertise to meet the requirements of the Corps' 'Train As We Fight' doctrine. I am delighted to see Meggitt continuing to succeed with low-risk, best-value training with its latest virtual simulation systems, Bluefire wireless weaponry and the flexible system architecture needed to meet evolving training conditions."
Delivery will start at the end of 2015.
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ENDS
For further information please contact:
Meggitt PLCRichard Cashin, Investor Relations Tel: 01202 597597
Fiona Greig, Corporate Communications
Buchanan CommunicationsCharles Ryland, Richard Oldworth and Helen Chan Tel: 0207 466 5000
Editor's notes
Meggitt Training Systems
Meggitt Training Systems, makers of FATS® and Caswell technologies, is a leading supplier of integrated live-fire and virtual weapons training systems, unmanned land and sea vehicles, aerial targets and electronic scoring systems worldwide. It fields over 13,000 Meggitt live-fire ranges and 5,100 virtual systems 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 United Kingdom, Netherlands, UAE, Australia and Singapore. It can deploy service personnel anywhere in the world for instructor training, system installation and maintenance. www.meggitttrainingsystems.com
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 leader in aerospace, defense and energy. Meggitt employs nearly 11,000 people at over 60 manufacturing facilities and regional offices worldwide.
www.meggitt.com
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