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MSI — MS International News Story

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MS International gains after securing US Navy contract

BUZZ-MS International gains after securing US Navy contract

** MS International's shares MSTL.L up 9.2% at £15.45

** Engineering company's US unit gets three-year contract from US Navy, through Naval Sea Systems Command

** First-year contract value is $61.3 million, covering 22 MK88 stabilised gun mounts and 23 MK48 electro-optical sights

** Stock's jump helps it to swing to YTD gains of about 7%


(Reporting by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))

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