24 September 2020
Avon Rubber p.l.c.
U.S. Army next-generation ballistic helmet contract award
Avon Rubber p.l.c. is pleased to confirm the award of a sole-source contract worth up to $93 million to develop and supply the U.S. Army with the Next-Generation Integrated Head Protection System.
The contract will follow on from the existing low-rate initial production contract for the Integrated Head Protection System which comes to an end in 2021.
Commenting, Paul McDonald, Chief Executive Officer, said:
"I am delighted that Avon Protection will continue to provide the U.S. Army with the Integrated Head Protection System.
This contract award demonstrates our ongoing focus on technological excellence and commitment to developing the next generation of life critical personal protection systems.
This further strengthens our medium-term outlook and represents further momentum in our leading ballistic helmet portfolio."
For further enquiries, please contact:
Avon Rubber p.l.c. |
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Paul McDonald, Chief Executive Officer |
01225 896 848 |
Nick Keveth, Chief Financial Officer |
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Ryan Mahoney, Deputy Chief Financial Officer |
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MHP Communications |
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Andrew Jaques |
0203 128 8570 |
Charlie Barker |
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Pete Lambie Ailsa Prestige |
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Legal Entity Identifier: 213800JM1AN62REBWA71
Note to editors:
Avon Rubber is listed on the London Stock Exchange (LSE: AVON) and is a constituent of the FTSE 250 Index.
We are an innovative technology group, which through our Avon Protection business, designs and produces specialist products to maximise the performance and capabilities of our customers.
Avon Protection is a provider of life critical personal protection systems with leading positions in the global respiratory and ballistic protection markets for the world's militaries and first responders.
For further information, please visit our website: www.avon-rubber.com .