StockMarketWire.com - Worcestershire-based computing products manufacturer Solid State has announced that its Value Added Supplies division has secured a three year contract renewal with a global defence technology customer to supply components for its aerospace defence programme.

The renewed contract – which has been awarded following the successful completion of the initial three-year contract – will generate approximately $800,000 in the first year, with a total value of $4.56m to be realised over its duration as staged delivery dates are confirmed.

Commenting on the contract, John Macmichael, managing director of Solid State Supplies, said: 'The renewal contract with this longstanding customer, who is very well-respected in its sector, is a testament to Solid State's emphasis on good customer relationships and the market-leading nature of our value added products.'


At 2:45pm: [LON:SOLI] Solid State Plc share price was 0p at 582p



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