Chemring sees Italian contracts extended for €38m

Military equipment maker Chemring has been awarded further contracts worth €38m for the delivery of 81mm pyrotechnic illumination mortar rounds.

Military equipment maker Chemring has been awarded further contracts worth €38m for the delivery of 81mm pyrotechnic illumination mortar rounds.

Existing contracts with awarded to the firm's Italian subsidiary, Simmel Difesa, which were previously valued at €24.5m, will now be adjusted and extended bringing the total replacement contracts to €62.5m. These will be delivered before 2014.

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