REG - Avon Rubber PLC - U.S. Army next-gen ballistic helmet contract award
RNS Number : 9875ZAvon Rubber PLC24 September 202024 September 2020
Avon Rubber p.l.c.
U.S. Army next-generation ballistic helmet contract award
Avon Rubber p.l.c. is pleased to confirm the award of a sole-source contract worth up to $93 million to develop and supply the U.S. Army with the Next-Generation Integrated Head Protection System.
The contract will follow on from the existing low-rate initial production contract for the Integrated Head Protection System which comes to an end in 2021.
Commenting, Paul McDonald, Chief Executive Officer, said:
"I am delighted that Avon Protection will continue to provide the U.S. Army with the Integrated Head Protection System.
This contract award demonstrates our ongoing focus on technological excellence and commitment to developing the next generation of life critical personal protection systems.
This further strengthens our medium-term outlook and represents further momentum in our leading ballistic helmet portfolio."
For further enquiries, please contact:
Avon Rubber p.l.c.
Paul McDonald, Chief Executive Officer
01225 896 848
Nick Keveth, Chief Financial Officer
Ryan Mahoney, Deputy Chief Financial Officer
MHP Communications
Andrew Jaques
0203 128 8570
Charlie Barker
Pete Lambie
Ailsa Prestige
Legal Entity Identifier: 213800JM1AN62REBWA71
Note to editors:
Avon Rubber is listed on the London Stock Exchange (LSE: AVON) and is a constituent of the FTSE 250 Index.
We are an innovative technology group, which through our Avon Protection business, designs and produces specialist products to maximise the performance and capabilities of our customers.
Avon Protection is a provider of life critical personal protection systems with leading positions in the global respiratory and ballistic protection markets for the world's militaries and first responders.
For further information, please visit our website: www.avon-rubber.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDMSCEZLBLBKLZBBZ
Recent news on Avon Technologies
See all newsREG - Avon Technologies - Holding(s) in Company
AnnouncementREG - Avon Technologies - Directors'/PDMR Shareholding
AnnouncementREG - Avon Technologies - Holding(s) in Company
AnnouncementREG - Avon Technologies - Q2 trading update
AnnouncementREG - Avon Technologies - Holding(s) in Company
Announcement