Chemring Has Been Awarded Contract on NGCD Program
Michael Flowers, Group Chief Executive of Chemring, commented: "I am delighted that we have progressed to the prototype phase on this third stream under the NGCD Program of Record. Participation on all three variants is testament to our expertise within the chemical detection field and our continued focus on the needs of our customers. These Programs of Record form a key part of our long term growth strategy and our continued progression is very encouraging."
· Chemring is a global business that specialises in the manufacture of high technology products and the provision of services to the aerospace, defence and security markets· Employing approximately 2,750 people worldwide, and with production facilities in four countries, Chemring meets the needs of customers in more than fifty countries
· Chemring is now organised under three strategic product segments: Countermeasures, Sensors & Electronics, and Energetic Systems
· Chemring has a diverse portfolio of products that deliver high reliability solutions to protect people, platforms, missions and information against constantly changing threats
· Operating in niche markets and with strong investment in research and development, Chemring has the agility to rapidly react to urgent customer needs.
This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts.
Chemring undertakes no obligation to revise or update any forward-looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.
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