Petards

Contract Award

15 August 2016

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a further contract to supply Bombardier Transportation ("Bombardier") with Petards eyeTrain systems.|

PETARDS GROUP PLC

("Petards" or the "Company")

Contract Award

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a contract to supply Bombardier Transportation ("Bombardier") with Petards eyeTrain systems.

The new contract, which is worth £1.3 million, is for the supply of Petards eyeTrain systems to be fitted to the AVENTRA Electrical Multiple Unit (EMU) trains to be built by Bombardier for the London Overground. Petards deliveries are due to commence during the latter part of this year with completion expected during the second quarter of 2018.

Commenting on the award, Petards Chairman Raschid Abdullah said: "We are very pleased to be working with Bombardier with the supply of our well established eyeTrain system for applications on to their new AVENTRA Electrical Multiple Unit trains.”

Download RNS Announcement

The information contained in this part of our website is being disclosed in accordance with Rule 26 of the AIM Rules.