Brief: Chemring Says Co's Unit Awarded Sole Source IDIQ FRP Contract For JBTDS Programme
BRIEF-Chemring Says Co's Unit Awarded Sole Source IDIQ FRP Contract For JBTDS Programme July 1 (Reuters) - Chemring Group PLC CHG.L:
JBTDS CONTRACT AWARD
CO'S UNIT AWARDED SOLE SOURCE IDIQ FRP CONTRACT FOR JBTDS PROGRAMME
CONTRACT CEILING VALUE $48.8 MILLION, COMPLETION ESTIMATED JUNE 2029
AN INITIAL PRODUCTION CONTRACT WAS ALSO RECEIVED WITH A VALUE OF $36.3M AND A PERIOD OF PERFORMANCE THROUGH TO MARCH 2028