Member Article
Gateshead’s Petards to supply Ministry of Defence following £600k contract win
Gateshead-based Petards, the AIM quoted developer of advanced security and surveillance systems, has been awarded a £600k contract by a major UK defence systems contractor, to provide test equipment for use on a UK Ministry of Defence (MOD) programme.
The contract is for the design, manufacture and supply of equipment that will form part of a Defensive Aids Suite system integration test rig that will enable the customer to carry out verification of electronic countermeasure configurations prior to their installation on aircraft.
Most of the equipment is expected to be delivered in the second half of 2015 and the project is expected to be completed early in 2016.
The latest contract win marks a great start to the year for Petards who announced a return to profitability last month.
Raschid Abdullah, Petards chairman said: “Petards has established a market leading position in this aspect of electronic countermeasures in the UK and we are very pleased to have secured this contract, which will enhance the test capabilities of our customer and add to the services it is able to provide to the MOD.”
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