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Alloy Surfaces Company, Inc. announces $38.3M U.S. Navy Special Material Decoys Order

29 July 2010

Chester Township, PA--Alloy Surfaces Company, Inc. (ASC) of Chester Township, Pennsylvania, announces a three year $38.3M indefinite-delivery/indefinite-quantity (IDIQ) contract to manufacture MJU-49/B decoy devices for United States Navy (USN) aircraft. ASC was immediately awarded the first order of this contract for $10.3M. All work will be performed at Alloy Surfaces’ plant in Chester Township, Pa., (100 percent) and is to be completed by December 2013.

Dr. John LaFemina, President, ASC, “We are very pleased to receive this contract order as the U.S. Navy continues to express its confidence and trust in Special Material Decoys. We are very proud to deliver the highest quality infrared decoys to our armed forces.”

A subsidiary of Chemring Group PLC, UK, ASC is the world’s only manufacturer of Special Material Decoys. ASC decoys are on the leading edge of IR countermeasure technology and are currently being used to protect a wide variety of United States and allied military aircraft.

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 0207 930 0777