25th Apr 2006 09:00
Smiths Group PLC25 April 2006 Smiths wins five year Department of Defense contract to provide Chemical Biological Protective Shelters Multi-million Dollar Revenues Expected from CBPS-M3, Designed to ProvideContamination Free, Environmentally Controlled Working Area for Medical, CombatServices and Combat Service Support Personnel Smiths Detection, part of the global engineering business Smiths Group, todayannounced its Military unit has been awarded a contract to build ChemicalBiological Protective Shelters, Model 3 (CBPS-M3) for the U.S. Department ofDefense. CBPS-M3 is a highly mobile, self contained collective protection systemthat provides a contamination free, environmentally controlled working area formedical, combat services, and combat service support personnel to work freelywithout continuously wearing chemical-biological protective clothing. An initial contract has been received from U.S. Army TACOM Life Cycle ManagementCommand, Rock Island, valued at more than $10 million, that includes delivery of21 systems, along with an initial test program. Annual revenue expectations arearound $25 million for Smiths Detection, dependant on Department of Defensebudget approvals, with additional revenue expected for global defence markets.Over the 5-year contract period, the program has a total maximum contractceiling of $333 million. "These Chemical Biological Protective Shelters are unique systems integratingmultiple levels of chemical-biological security in order to protect and equipcommitted U.S. troops," said Stephen Phipson, Group Managing Director of SmithsDetection. "The CBPS program represents a large-scale U.S. militarychemical-biological defence opportunity and will allow Smiths to continueexpansion of its presence beyond its sensor-centric markets to a vehicle systemintegration program within Smiths' field of expertise." Smiths Group Smiths is a global engineering business, listed on the London Stock Exchange.Smiths focuses on high performance applications, building and sustainingmarket-leading businesses in growth sectors. It reaches deep into global marketstaking its manufacturing closer to its customers. Smiths has four divisions:Aerospace, Detection, Medical and Specialty. It employs 32,000 people and hasover 250 major facilities in 50 countries. For more information visitwww.smiths-group.com Smiths Detection Smiths Detection is one of four operating divisions of Smiths Group. SmithsDetection offers technologically advanced security solutions to detect andidentify explosives, chemical and biological agents, weapons and contraband.Employing trace detection technology together with Smiths-Heimann x-ray imaging,Smiths Detection provides security solutions for customers in homeland securityand defence markets worldwide. For more information visit:www.smithsdetection.com -o- Media: Investors:Chris Fox Russell Plumley+44 (0) 20 8457 8403 +44 (0) 20 8457 [email protected] [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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