Chemring Group wins contract with US Army

Chemring Group said Tuesday its US arm Chemring Detection Systems was awarded another contract to supply chemical detection systems to the US Army.

Chemring Group said Tuesday its US arm Chemring Detection Systems was awarded another contract to supply chemical detection systems to the US Army.

The agreement is for a $28.5m delivery order against a multi-year indefinite delivery/indefinite quantity contract.

The Edgewood Contracting Division of the US Army Contracting Command-APG ordered more than 100 joint services lightweight standoff chemical agent detectors (JSLSCAD), which identifies chemical warfare agents at ranges up to 5.0km.

The systems will be installed in the Stryker Nuclear Biological Chemical Reconnaissance Vehicle.

"Chemring continues to provide reliable JSLSCADs to the US Army, and we are proud to support the production of this critical equipment," Mark Papworth, Chief Executive of Chemring, said.

"This award is especially important in light of the current international chemical threats. The JSLSCAD offers a unique capability that provides excellent long range, chemical agent detection for the Armed Forces."

Chemring Detection Systems is a major provider of stand-off chemical detection to the US Department of Defense.

Recommended

Four high-quality US stocks to give shelter from the storm
Share tips

Four high-quality US stocks to give shelter from the storm

Professional investor Timothy Parton of the JPMorgan American Investment Trust picks four solid US stocks to buy now.
24 May 2022
Three undervalued mid-cap stocks with attractive prospects
Share tips

Three undervalued mid-cap stocks with attractive prospects

Professional investor Katen Patel of the JPMorgan Mid Cap Investment Trust picks three fast-growing mid-cap stocks to buy now.
24 May 2022
Britain’s ten most-hated shares – w/e 20 May
Stocks and shares

Britain’s ten most-hated shares – w/e 20 May

Rupert Hargreaves looks at Britain's ten-most hated shares, and what short-sellers are looking right now.
23 May 2022
Britain's most-bought shares w/e 20 May
Stocks and shares

Britain's most-bought shares w/e 20 May

A look at Britain's most-bought shares in the week ending 13 May, providing an insight into how investors are thinking and where opportunities may lie…
23 May 2022

Most Popular

Imperial Brands has an 8.3% yield – but what’s the catch?
Share tips

Imperial Brands has an 8.3% yield – but what’s the catch?

Tobacco company Imperial Brands boasts an impressive dividend yield, and the shares look cheap. But investors should beware, says Rupert Hargreaves. H…
20 May 2022
Everything is collapsing at once – here’s what to do about it
Investment strategy

Everything is collapsing at once – here’s what to do about it

Equity and bond markets are crashing, while inflation destroys the value of cash. Merryn Somerset Webb looks at where investors can turn to protect th…
23 May 2022
Barry Norris: we’re already in the 1970s. Here’s how to invest
Investment strategy

Barry Norris: we’re already in the 1970s. Here’s how to invest

Merryn talks to Barry Norris of Argonaut capital about the parallels between now and the 1970s; the transition to “green” energy; and the one sector w…
19 May 2022