REG - Avon Rubber PLC - U.S. DoD M50 Mask System Sustainment Contract

Avon TechnologiesAnnouncement

24/06/2020 07:00

RNS Number : 8596Q
  
Avon Rubber PLC
  
24 June 2020
  
 

24 June 2020
Avon Rubber p.l.c.
U.S. Department of Defense M50 Mask System Sustainment Contract
Avon Rubber p.l.c. is pleased to announce that Avon Protection has been awarded a sole source requirements contract to supply the U.S. Department of Defense ("DoD") with the M50 Mask System, related spares and accessories. The contract has an initial maximum value of $50m over a duration of five years. 
 
Avon Protection anticipates receiving the first order under this contract shortly with deliveries expected to commence in the second half of the current financial year and contributing to our expected Military revenues for the 2020 financial year. 
 
Commenting, Paul McDonald, Chief Executive Officer, said:
 
"I am delighted to announce this sole source M50 sustainment contract which further underpins the outlook for our Military business and demonstrates our long-term relationship with this important customer.
 
The M50 mask system remains an important part of our Avon Protection portfolio, with the installed base of over two million masks continuing to support strong sustainable revenues from replacement mask systems as well as filters, spares and accessories."
 
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 an innovative technology group, which designs and produces specialist products and services to maximise the performance and capabilities of its customers. We specialise in life critical personal protection systems, as well as milking point solutions through our two businesses, Avon Protection and milkrite | InterPuls.
Avon Protection is a recognised global leader in respiratory and ballistic protection for the world's Militaries and First Responders.
milkrite | InterPuls is a global leader providing complete milking point solutions to dairy farmers across the world with the aim of improving every farm it touches.
For further information, please visit our website: www.avon-rubber.com.  


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