26 Mar 2010
Chemring Group PLC (“Chemring”) is pleased to announce that its US subsidiary, Kilgore Flares Company LLC (“Kilgore”), based in Toone, Tennessee, has been awarded an IDIQ (indefinite delivery/indefinite quantity) contract for the supply of ALA-17/C infra-red (IR) decoy flares to the US Department of Defense. The flares are used by the US Air Force on B-52 aircraft to counter the threat of IR guided missiles. The contract extends over a two year period, and has a maximum potential value of $49 million. A first delivery order at a value of $27 million, for delivery in 2010 and the first quarter of 2011, has already been placed on Kilgore.
Dr David Price, Chief Executive of Chemring, commented “I am delighted that the US Department of Defense has now placed this order, which will maintain the workload through our Large Flare facility. The multi-year award is a strong endorsement of the production capability we have developed at Kilgore Flares”.
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 Pittman |
Cardew Group |
020 7930 0777 |