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VEL Velocity Composites News Story

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Brief: Velocity Composites Announces 10-Year Contract Extension

Oct 8 (Reuters) - Velocity Composites PLC VELV.L:

CONTRACT RENEWAL AND EXPANSION

ANNOUNCES 10-YEAR CONTRACT EXTENSION

CONTRACT EXPECTED TO GENERATE $2.5 MILLION IN FY2026

BASED ON CURRENT MARKET PROJECTIONS FOR A350 BUILD RATES, TOTAL CONTRACT VALUE COULD REACH $54 MILLION

 ((Reuters.Briefs@thomsonreuters.com;;))

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