Cobham wins order from NATO

Defence technology group Cobham has been awarded an order to supply NATO forces with leading-edge vehicle mounted Improvised Explosive Device (IED) detection equipment.

Defence technology group Cobham has been awarded an order to supply NATO forces with leading-edge vehicle mounted Improvised Explosive Device (IED) detection equipment.

The £16m deal will be completed by Cobham's Antenna Systems this year.

Fred Cahill, VP Cobham Antenna Systems, said: "Cobham will deliver enhanced Counter-IED detection capabilities, which can be safely deployed from within the protection of mine-resistant ambush-protected vehicles. These advanced systems are designed for the most demanding military requirements and complements existing technology which Cobham provides to protect lives and livelihoods."

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

NR