REG - Petards Group PLC - New Defence Contract Award

PetardsAnnouncement

02/12/2025 09:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251202:nRSB8707Ja&default-theme=true

RNS Number : 8707J  Petards Group PLC  02 December 2025

2 December 2025
 
 
PETARDS GROUP PLC ("Petards" or the "Group")
 

New Defence Contract Award

 

Petards, the AIM quoted developer of advanced security, communication and
surveillance systems, announces that its subsidiary, Petards Joyce-Loebl
(PJL), has been awarded a contract worth £2.2 million by Rheinmetall BAE
Systems Land Limited ("RBSL").

 

The contract is for the provision of initial engineering design and
obsolescence management services in support of RBSL's Challenger 3 Upgrade
Programme ("the Programme") under which RBSL will deliver 148 Challenger 3
Main Battle Tanks to the British Army.

 

Activities are planned to commence immediately with this initial order
scheduled to be fully delivered by the end of 2026.

Commenting on the award Petards Chairman Raschid Abdullah said;

"We are delighted that RBSL has chosen to work with Petards on this important
UK project which is the largest Defence engineering services order received by
the Group for many years and we hope to further our involvement in the
Programme as it progresses to its production phase.

 

"We believe this award to be a recognition of Petards Joyce-Loebl's strong
heritage within the military vehicle systems market and of its longstanding
presence in the provision of design and manufacture of robust electronic
products for demanding military applications."

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

.

Contacts:

 

 Petards Group plc                              www.petards.com (http://www.petards.com)
 Raschid Abdullah, Chairman                     Mb:  07768 905 004

 Zeus, Nomad and Joint Broker
 Mike Coe / Darshan Patel (Investment Banking)  Tel:  020 3829 5000

 Hybridan LLP, Joint Broker                     www.hybridan.com (http://www.hybridan.com)
 Claire Louise Noyce                            Tel:  020 3764 2341

                                                claire.noyce@hybridan.com

 

 

 

Notes to editors:

 

Petards Defence is a division of Petards Joyce-Loebl (PJL), an SME based in
the North East of England. We are expert in the development of high quality
and reliable defence technology and our lineage in the UK defence sector dates
back to the 1950s.  PJL's principal facility in Gateshead, Tyne and Wear,
employs a highly skilled and experienced team of 45 engineers, technicians and
support staff, encouraging the maintenance of highly skilled jobs in a
traditional manufacturing region.

 

Having supplied and supported many equipment types over its long history,
Petards Defence is uniquely placed to provide the critical range of specialist
skills required by the defence sector to support the equipment used by the
UK's armed forces.  It has established a strong reputation for being a
responsive, flexible and reliable partner in delivering challenging military
programmes.  Petards Defence excels in the disciplines of Communications
Information Systems, Ruggedised Electronic Control Systems, Integrated
Logistic Support and in the provision of Engineering Services to UK MOD and
its prime contractors.

 

https://www.petards.com/our-solutions/defence-services/
(https://www.petards.com/our-solutions/defence-services/)

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CNTFSESAEEISELE



            Copyright 2019 Regulatory News Service, all rights reserved