Avon Protection wins $87m US helmet contract
Avon Protection Plc
€14.90
16:30 05/11/24
18.25%
€2.30
Avon Protection said it had won a contract worth up to $87.6m over two years to develop and supply the US Army with ballistic helmets.
Aerospace and Defence
11,830.91
16:59 05/11/24
2.39%
276.42
Avon Technologies
1,236.00p
16:39 05/11/24
-0.80%
-10.00p
FTSE 250
20,370.04
16:59 05/11/24
n/a
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FTSE 350
4,502.88
16:59 05/11/24
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FTSE All-Share
4,460.27
16:39 05/11/24
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The contract replaced the next-generation IHPS contract announced on 24 September 2020, which was withdrawn following a competitor protest.
Avon said the army had now placed an order worth $1.3m for test samples, for delivery in the first half of Avon's 2022 financial year.