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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.

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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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