Chemring secures US military order

Defence contractor Chemring said its US arm had received a 32 million dollar order for mine detection kit from the US military.

Defence contractor Chemring said its US arm had received a 32 million dollar order for mine detection kit from the US military.

The subsidiary, Non-Intrusive Inspection Technology, will supply spare parts to the US Army and US Marine Corps.

The deal is part of a supply contract for its Husky Mounted Detection System, which was signed in April.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

The system aims to detect improvised explosive devices (IEDs) and is in use with Coalition forces in Afghanistan.

"Since the inception of the [Husky] over four years ago, our commitment remains to provide the best explosives and mine detection capability to US and coalition forces currently in combat, " said Chemring's Chief Executive, Mark Papworth.