Meggitt scores contract for Middle East training complex

Components manufacturer Meggitt has won a $78m contract to design and equip a large, multi-mission virtual and live-fire training complex in the Middle East.

Meggitt said on Thursday that the deal, for an unnamed country, included an indoor and outdoor training facility incorporating the latest virtual and live-fire equipment.

Shares in Meggitt shares were down 1.17% at 295.50p.