Brief: CYBERGUN: Military Unit And GLOCK Win Major Contract

Calibre SA

08/01/2020 08:25

Jan 8 (Reuters) - Cybergun SA  ALCYB.PA :
    * GLOCK AND SPARTAN MILITARY AND LAW ENFORCEMENT WIN MAJOR
CONTRACT TO EQUIP FRENCH ARMED FORCES
    * THIS MAJOR MARKET, ESTIMATED AT SEVERAL TENS OF MILLIONS
OF
EUROS, RELATES TO THE SUPPLY OF MINIMUM OF 75,000 GLOCK 17
GENERATION 5 SEMI-AUTOMATIC PISTOLS AND ALL ASSOCIATED
ACCESSORIES
    * AGREEMENT PROVIDES FOR REMUNERATION OF SPARTAN MILITARY
AND LAW
ENFORCEMENT AT PERCENTAGE RATE ON SALE OF PRODUCTS MANUFACTURED
BY GLOCK FOR ENTIRE DURATION OF THE COUNTER-FRAMEWORK, WHICH
SHOULD BE SPREAD OVER SEVERAL YEARS
    * THE MILITARY PLANNING LAW 2020 ALREADY PROVIDES FOR THE
PURCHASE
OF A FIRST SERIES OF 25,000 PISTOLS

Source text [ID: https://bit.ly/2QxDFv3]
Further company coverage:  ALCYB.PA 

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