1 April 2021
Avon Rubber p.l.c.
U.S. Army Ballistic Helmet Order
Avon Rubber p.l.c. is pleased to confirm a modification to the existing U.S. Army Integrated Head Protection System low rate initial production contract to increase the value by an estimated $28.4 million.
As part of this modification the U.S. Army has placed an order under this contract worth $18.9 million. Deliveries under this modification are expected to commence in our current financial year and will contribute to our Military revenues for the year.
For further enquiries, please contact:
| Avon Rubber p.l.c. | |
| Paul McDonald, Chief Executive Officer | 01225 896 848 |
| Nick Keveth, Chief Financial Officer | |
| Ryan Mahoney, Deputy Chief Financial Officer | |
| | |
| MHP Communications | |
| Andrew Jaques | 0203 128 8570 |
| Charlie Barker | |
| Pete Lambie Ailsa Prestige | |
Legal Entity Identifier: 213800JM1AN62REBWA71
Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
Note to editors:
Avon Rubber is listed on the London Stock Exchange (LSE: AVON) and is a constituent of the FTSE 250 Index.
Avon Rubber is an innovative technology group, which designs and produces life critical personal protection systems to maximise the performance and capabilities of its customers, with leading positions in the respiratory and ballistic protection markets for the world's militaries and first responders.
For further information, please visit our website: www.avon-rubber.com.
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