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RNS Number : 7904Y
Meggitt PLC
20 May 2016
 

For Immediate Release                                                                                                           20 May 2016

 

Meggitt PLC

("Meggitt")

 

Contract Win

Meggitt awarded $35 million contract for surface and aerial targets from Canadian Department of National Defence

Meggitt PLC ("Meggitt" or "the Group"), a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets announces that Meggitt Target Systems (MTAS) has been awarded a five-year National Individual Standing Offer (NISO) worth up to $35.0 million from Canada's Department of National Defence. The NISO, for surface and aerial target systems, includes provisions for two option years.

 

The majority of the targets will be manufactured at MTAS' manufacturing facility in Medicine Hat, Alberta with production deliveries expected this year. 

 

The target systems selected include Hammerhead, an advanced, unmanned surface vehicle target that can form part of a swarm threat simulation of up to 16 vessels, and Vindicator, an aerial target that can present the appearance of various aircraft profiles to radar, for naval weapons development and personnel training. 

 

MTAS' Managing Director, Peter Longstaff commented: "The Canadian Armed Forces are a longstanding user of Meggitt target systems and we are delighted to be able to support their training and test and evaluation requirements locally."

 

ENDS

For further information contact:

Meggitt PLC

Richard Cashin, Investor Relations - Tel: 01202 597597
Fiona Greig, Corporate Communications

 

Meggitt Target Systems

 

Based in Medicine Hat, Alberta, Canada and Ashford, Kent, UK, Meggitt Target Systems provides world-leading unmanned aerial, marine and ground targets, scoring systems, payloads and special mission vehicles for weapon simulation and training programs. For over 40 years, Meggitt Target Systems has manufactured over 10,000 unmanned vehicles, in service in more than 40 countries, including 15 NATO customers. www.meggitttargetsystems.com

 

Meggitt PLC

Meggitt PLC is a leading international engineering group specialising in aerospace, defence and energy markets with a consistent record of strong financial performance. Meggitt's goal is to increase and strengthen its presence in long-term growth markets through proprietary product development reinforced by strategic acquisitions and investment in people and facilities. Meggitt's well-balanced portfolio offsets variation in demand from the market niches within which it operates.




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