Redhall's Jordan Manufacturing wins nuclear contract

AIM-listed manufacturing and services group Redhall said on Tuesday that its Jordan Manufacturing business has secured a key role in support of Cavendish Nuclear, a subsidiary of Babcock International.

Babcock announced on Monday that Cavendish Nuclear has been awarded a 10-year contract with Sellafield, which is worth up to £95m over the first three years.

By teaming up with Cavendish, Jordan Manufacturing has secured a key role in the delivery of this contract and will manufacture containment systems and associated process equipment for Sellafield. The contract is expected to be worth up to £18m over the first three years.

Chief executive officer Phil Brierley said: "We are delighted to have secured a key role supporting Cavendish Nuclear in the delivery of this strategically important programme. This opportunity clearly reflects the capabilities Jordan Manufacturing has developed over many years in the supply of highly complex containment systems and gives the business good visibility over its order book for a number of years to come."

At 1250 GMT, the shares were up 7.8% to 8.62p.