Chemring wins further contract in US

Defence company Chemring has secured a further research and development contract on the Next Generation Chemical Detection Program of Record in the US and has progressed to the prototype phase on all three variants.

Work will be carried out at the Chemring Sensors & Electronic Systems' facility in Charlotte, North Carolina.

Chief executive Michael Flowers said: “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."

At 1447 BST, Chemring shares were up 6% to 134.11p.