02 May 2008

Chester Township, Pennsylvania – Alloy Surfaces Co., Inc. (ASC) was awarded a $30 Million Contact from the United States Air Force for MJU-50/B Infrared Special Material Decoys. This news comes the same week that Alloy Surfaces announced receiving the largest IDIQ contract to date. Monday 28 April 2008 Alloy Surfaces received a five year IDIQ (Indefinite Delivery - Indefinite Quantity) contract from the United States Army with the maximum value of $347.9 Million. The IDIQ has a minimum value of $5.4 Million. The Army immediately awarded the first order valued at $16.0 Million for M211 Decoys.

This latest award is for MJU-50/B Special Materials Decoys (SMD) which are used to protect various types of transport and fighter aircraft in the USAF. All Special Material Decoys provide dramatically increased protection levels against current and the latest generation of IR missiles, commonly known as MANPADS.

“Alloy Surfaces fully understands the importance of these contracts for the Department of Defense” said John LaFemina President ASC “We recognize and appreciate the faith that the Services have in our products. Our Team here at ASC works extremely hard to insure the job is done right, knowing that our products protect the warfighter.”

The USAF will start to receive lots on this contract in the third quarter of 2008. Production of these decoys will be in Delaware County, Pennsylvania. ASC’s total work force is 600 employees. ASC moved to Delaware County in 1998 with 79 employees.

A subsidiary of Chemring Group PLC, Alloy Surfaces is the world's largest IR expendable countermeasure manufacturer and the only producer of Special Material Decoys. ASC’s decoys are on the leading edge of IR countermeasure technology and are currently being used to protect a wide variety of US and allied military aircraft. Alloy Surfaces’ proprietary decoys have unique properties of day and night covertness and in-band radiant output that make them extraordinarily well suited to the modern war fighting challenge. Capable of fitting into any current or projected flare form factor, SMDs can be tailored to match aircraft signatures in missile guidance bands. In addition, SMDs are extremely safe to use and handle.

Note to Editors:
Chemring Group is a leading manufacturer and global supplier of military countermeasures, energetics and munitions, pyrotechnics, EOD and related products and services. It is a diversified and expanding international business, currently with facilities in the United Kingdom, other EU States, the US and Australia. Chemring Group companies employ over 2500 people, serving a worldwide customer base that includes prime contractors, military, homeland security and other specialized sectors. Visit www.chemring.co.uk

If you need more information on these contracts or Special Material Decoys please contact: John Fleitz, Business Development Manager 484 467 3791 Cell 610 859-3667 Work Jfleitz@alloysurfaces.com