Avon Protection wins $87m US helmet contract
Avon Protection Plc
€12.70
16:30 28/03/24
7.63%
€0.90
Avon Protection said it had won a contract worth up to $87.6m over two years to develop and supply the US Army with ballistic helmets.
Aerospace and Defence
11,013.78
17:14 28/03/24
0.30%
32.79
Avon Protection
1,082.00p
16:40 28/03/24
0.56%
6.00p
FTSE 250
19,884.73
17:14 28/03/24
n/a
n/a
FTSE 350
4,383.21
17:14 28/03/24
n/a
n/a
FTSE All-Share
4,338.05
16:50 28/03/24
n/a
n/a
The contract replaced the next-generation IHPS contract announced on 24 September 2020, which was withdrawn following a competitor protest.
Avon said the army had now placed an order worth $1.3m for test samples, for delivery in the first half of Avon's 2022 financial year.