StockMarketWire.com - Chemring's US based subsidiary, Chemring Countermeasures USA, has been awarded a US$28 million contract by the US Army Garrison at Rock Island Arsenal.
Chemring said the award, which was part of a multi-year option contract in support of the US Army and Air Force, was for the manufacture and delivery of M206, MJU-7A/B and MJU-10/B infra-red decoy flares.
It said deliveries against this contract would be made in FY17 and FY18, with all work being performed at the Kilgore Flares facility, in Toone, Tennessee.
At 9:28am:
[LON:CHG] Chemring Group PLC share price was +1.88p at 181.38p
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