CONTRACT AWARD

RNS Number : 4195V

Chemring Group PLC

09 July 2009

 



FOR IMMEDIATE RELEASE                                                                                                    9 JULY 2009

CHEMRING GROUP PLC

 NIITEK AWARDED $38.2 MILLION CONTRACT   

Chemring Group PLC (“Chemring”) is pleased to announce that its US subsidiary, Non- Intrusive Inspection Technology, Inc. (“NIITEK”), has been awarded a $38.2 million contract from the US Army for the supply and support of fifty Husky Mine Detection Systems for high reliability route clearance of buried mines in support of US peacekeeping operations around the world. Deliveries under the contract will be made over the period to June 2010.    

Dr David Price, Chief Executive of Chemring, commented: 'I am delighted with the success of our recent acquisition, NIITEK, and its Husky Mine Detection System that is starting to make an important contribution to the safety of US Army troops operating in Afghanistan. The final contract for the fifty systems, spares and support is expected to be worth in excess of $75 million.' 

Chemring is an international leader in energetic material products and defensive countermeasures. NIITEK, which was acquired by Chemring in December 2008, is the leading US producer of vehicle-mounted Ground Penentrating Radar (“GPR”) systems. NIITEK’s GPR systems are at the leading edge of mine detection technology and are currently being used by US forces to protect their soldiers on the ground.

For further information:

David Price	Chief Executive, Chemring Group PLC	01489 881880
Paul Rayner	Finance Director, Chemring Group PLC	01489 881880
Rupert Pittman	Cardew Group	0207 930 0777

 

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