Bioquell Gets GBP1.2 Million Contract For UK Reconnaissance Vehicle
December 02 2011 - 3:01AM
Dow Jones News
Bioquell PLC (BQE.LN), a provider of bio-decontamination and
filtration technologies to the healthcare, life sciences and
defense sectors, said Friday it has been awarded a GBP1.2 million
development contract linked to the new reconnaissance vehicle being
developed by General Dynamics Corp. (GD) for the U.K. Ministry of
Defence.
The firm said that once this initial development contract has
been fulfilled, it expects that contracts relating to the
manufacture and in-service phases will be awarded, with shipments
expected to start in 2014 and expected to run for at least five
years.
Shares closed Thursday at 107.5 pence.
-By Iain Packham, Dow Jones Newswires; 44-20-7842-9269;
iain.packham@dowjones.com
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