29 Apr 2008
Chemring Group PLC (“Chemring”) is pleased to
announce that its US subsidiary, Alloy Surfaces Company, Inc.
(“Alloy Surfaces”), based in Philadelphia, has been
awarded an IDIQ (indefinite delivery/indefinite quantity) contract
for the supply of M211 flares to the US Department of Defense. The
M211 flare is a key component in the Advanced Infrared
Countermeasure Munition (AIRCMM) suite that is used by the US Army
and US Air Force to protect helicopters, and is the key element of
the M206 and M211 defensive flare solution that protects transport
aircraft from the threat of IR guided missiles. The contract
extends over a five year period, and has a minimum value of $5.4
million and a maximum value of $347.9 million. A first delivery
order at a value of $16.0 million, for delivery in 2009, has
already been placed on Alloy Surfaces.
Dr David Price, Chief Executive of Chemring, commented:
“We are very pleased to have been awarded this multi-year
contract. Following the recent success of our other US subsidiary,
Kilgore Flares Company LLC, in securing a five year IDIQ contract
for the M212 flare, Chemring now has multi-year contracts for all
three flare components of the AIRCMM suite.”
Chemring is an international leader in defensive countermeasures
and energetic materials. The countermeasures division comprises
Alloy Surfaces Company, Inc. and Kilgore Flares Company LLC in the
US, and Chemring Countermeasures Limited in the UK.
For further information:
| Dr David Price |
Chief Executive, Chemring Group PLC |
01489 881880 |
| Paul Rayner |
Finance Director, Chemring Group PLC |
01489 881880 |
| Rupert Pitman |
Cardew Group |
020 7930 0777 |