Pennant International awarded largest contract ever

Pennant International Group, an AIM-listed supplier of integrated logistics support solutions, products and services, has been awarded its largest ever contract.

Pennant International Group, an AIM-listed supplier of integrated logistics support solutions, products and services, has been awarded its largest ever contract.

The deal, which is worth approximately £16m over a period of five years is for the development and through life support of training equipment.

The contract has the potential to be expanded for up to 20 years.

Pennant's share price rocketed 49.43% to 65p by 14:40.

NR

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