Redhall boosted by contract wins

Shares of engineering support services group Redhall flew off the shelf after it announced it had been awarded a number of contracts across its nuclear and manufacturing operations.

Shares of engineering support services group Redhall flew off the shelf after it announced it had been awarded a number of contracts across its nuclear and manufacturing operations.

Redhall Nuclear has been selected as a strategic partner by AWE to provide mechanical and electrical engineering services to AWE, the Yorkshire based firm explained.

The framework agreement is expected to deliver contracts with an estimated value of up to £50m over a potential four-year period, Redhall explained.

Redhall Manufacturing has received orders totalling £7.5m across three contracts with the largest of the three contracts, at £4.1m, for Hyundai Heavy Industries on the new BP Clair Ridge project.

The group also confirmed it had reached a resolution on the Fellside Boiler Park final account.

CJ

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