Avon Rubber PLC UK MoD General Service Respirator Agreement (9122E)
February 15 2018 - 02:00AM
UK Regulatory
TIDMAVON
RNS Number : 9122E
Avon Rubber PLC
15 February 2018
15 February 2018
AVON RUBBER p.l.c.
UK MoD General Service Respirator Agreement
Avon Rubber p.l.c. is pleased to confirm that, further to the
announcement that it was the preferred bidder for the above
contract on 3 November 2017, Avon Protection has now entered into a
5 year contract with the UK Ministry of Defence ("MoD") for the
resupply and in-service support of its General Service
Respirator.
Production is expected to commence during the first half of
2019, after product approvals are complete, with the contract
anticipated to generate revenues in the order of GBP16 million over
the 5 year period. Avon Protection will incur additional capital
expenditure of GBP3 million across financial years 2018 and 2019 to
obtain product approvals and prepare for production.
For further enquiries, please contact:
Avon Rubber p.l.c.
Paul McDonald, Chief Executive 01225 896
Officer 300
Nick Keveth, Chief Financial
Officer
Weber Shandwick Financial
Nick Oborne 020 7067
Tom Jenkins 0700
Legal Entity Identifier: 213800JM1AN62REBWA71
Classification: Inside information under article 17 of the
Market Abuse Regulation.
Note to editors:
Avon Rubber p.l.c. is an innovative technology group
specialising in respiratory protection systems and milking point
solutions through its two businesses, Avon Protection and milkrite
| InterPuls. We design, test and manufacture specialist products
and services to maximise the performance and capabilities of our
customers.
Avon Protection is the recognised global leader in advanced
Chemical, Biological, Radiological and Nuclear (CBRN) respiratory
protection systems for the world's Military, Law Enforcement and
Fire markets.
milkrite | InterPuls is a global leader providing complete
milking point solutions to customers across the world with the aim
of improving every farm it touches.
For further information, please visit our website:
www.avon-rubber.com
This information is provided by RNS
The company news service from the London Stock Exchange
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