Chemring Group PLC

Report Publication Announcement • Jun 3, 2013

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RNS Number : 1429G

Chemring Group PLC

03 June 2013

FOR IMMEDIATE RELEASE                                                                                                             3 JUNE 2013

CHEMRING GROUP PLC

NIITEK AWARDED $76 MILLION ADDITIONAL HMDS IDIQ DELIVERY ORDER

Chemring Group PLC ("Chemring") is pleased to announce that its US subsidiary, Non-Intrusive Inspection Technology, Inc. ("NIITEK"), has been awarded a further delivery order worth $76 million to provide spares for the Husky Mounted Detection System ("HMDS") for the US Army. This delivery order is issued under the $579 million multi-year HMDS Ground Penetrating Radar Indefinite-Delivery/Indefinite-Quantity ("IDIQ") contract that was awarded on 30 April 2012. The period of performance for this contract is through to May 2014. 

The NIITEK HMDS is a high-performance Ground Penetrating Radar ("GPR") system which functions on Husky vehicles to provide real-time identification of anti-vehicular landmines and other explosive hazards on main supply routes and open areas such as minefields.

Mark Papworth, Chief Executive of Chemring, commented:

"NIITEK's HMDS delivers a critical capability to US Soldiers and Marines, and coalition allies in protecting them against the threat of improvised explosive devices. We are pleased that these delivery orders enable us to continue our proven support to the US Army, and that NIITEK will continue to deliver critical spares to ensure their fleet is mission ready."

-ENDS-

Chemring Group PLC

Rupert Pittman                Director of Communications and Investor Relations

01489 881 880 / rupertp@chemring.co.uk

MHP Communications

Andrew Jaques / James White

0203 128 8100

Notes to Editors:

Chemring is a market leading manufacturing business supplying high technology electronics and energetic products to over 60 countries around the world.  Chemring has a diverse portfolio of products that predominantly protect military people and platforms, providing insurance against a constantly changing threat. These range from countermeasures to protect aircraft, to ground penetrating radar to protect troops and vehicles from improvised explosive devices.   NIITEK, a Chemring company since 2008, is the world leader in the design, development and production of Advanced Ground Penetrating Radar ("GPR") systems.  NIITEK's Advanced GPR systems are at the leading edge of mine detection technology with over 200 systems successfully being used by US and Coalition forces in Afghanistan.

This information is provided by RNS

The company news service from the London Stock Exchange

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