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Petards Group PLC (PEG)

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Tuesday 16 August, 2016

Petards Group PLC

Contract award

RNS Number : 2234H
Petards Group PLC
16 August 2016
 

16 August 2016

 

Petards Group plc

("Petards" or "the Company")

 

Contract Award

 

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a contract to supply Bombardier Transportation ("Bombardier") with Petards eyeTrain systems.

 

The new contract, which is worth £1.3 million, is for the supply of Petards eyeTrain systems to be fitted to the AVENTRA Electrical Multiple Unit (EMU) trains to be built by Bombardier for the London Overground. Petards deliveries are due to commence during the latter part of this year with completion expected during the second quarter of 2018.

 

Commenting, Petards Chairman Raschid Abdullah said: "We are very pleased to be working with Bombardier with the supply of our well established eyeTrain system for applications on to their new AVENTRA Electrical Multiple Unit trains."

**ENDS**

 

For further information:

 

Petards Group plc

www.petards.com

Raschid Abdullah, Chairman

Mb:  07768 905 004



WH Ireland Limited, Nomad and Joint Broker

www.wh-ireland.co.uk

Mike Coe / Ed Allsopp

Tel:  0117 945 3470



Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

Tel:  020 3764 2341

 



Notes

Petards is a global supplier of products to original equipment manufacturers ('OEMs'), system integrators and end users in the rail, security and defence markets in new build, refurbishment and retrofit applications. The Company delivers ruggedised electronic solutions including video and sensor data surveillance, radio communications and threat simulation systems on mobile platforms. Petards offers a range of services, supporting its own and third party systems, spanning custom development, manufacturing, commissioning, maintenance and obsolescence management. Further information on its three product areas is included below:

Transport

Petards' market-leading eyeTrain technology provides leading edge products for on-board train video and sensing solutions, including Driver Only Operation Systems, Passenger Counting Systems, Saloon and Drivers View Video and Condition Based Monitoring.  These systems have been chosen for installation on thousands of rail vehicles around the globe, helping to reduce operating costs, increase safety and improve passenger satisfaction.

Emergency Services

Petards' ProVida is one of the world's leading in-car police speed detection, surveillance and ANPR (Automatic Number Plate Recognition) brands, comprising four components: In-Car Video, Speed Enforcement, ANPR Systems and ANPR cameras. Fixed site, mobile, re-deployable and hand-held ANPR systems together with the integrating software, are also offered by the Petards subsidiary QRO Solutions enabling coverage across many of the UK's police forces. The Provida brand has also stretched to over 20 countries.

Defence

Petards provide a range of specialist engineering services to the defence sector. The Company has established a strong reputation for being a responsive, flexible and reliable partner in delivering challenging military programmes.  Petards excels in the disciplines of Communications and Information Systems, Electronic Countermeasure Systems, Ruggedised Electronic Control Systems and in the provision of Engineering Services to UK MoD and other NATO countries.

 

 

 


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