Meggitt wins $18m contract with Australian Defence Force
Aerospace and defence company Meggitt said it had won an $18m contract from the Australian Defence Force's to develop, manufacture and install 460 EF88 Steyr assault rifle simulators and 115 SL40 40mm simulated grenade launchers.
Aerospace and Defence
11,828.61
16:38 14/11/24
FTSE 250
20,522.81
16:38 14/11/24
FTSE 350
4,459.02
16:38 14/11/24
FTSE All-Share
4,417.25
16:54 14/11/24
Meggitt
798.80p
16:52 12/09/22
Contract deliveries will take place at 18 locations throughout Australia to support Army, Navy and Air Force training requirements and are expected to begin in the fourth quarter of 2017 and continue through May 2018, Meggitt said.
"We have supplied, operated and maintained the ADF's Weapon Training Simulation System since 1999 and this latest weapons simulator award further validates Meggitt's long-standing strategic partnership with the Australian Defence Force," said Chris Jordan, Meggitt's managing director of training systems in Australia.