ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

QDG Quadnetics Grp

290.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Quadnetics Grp LSE:QDG London Ordinary Share GB0007156838 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 290.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Quadrant Group Plc - Jt Venture Co-Prefered Bidder

10/11/1999 11:01am

UK Regulatory


RNS Number:5754A
Quadrant Group PLC
10 November 1999

                               
          Ministry of Defence E3D Sentry PFI Contract

Quadrant Group plc ("Quadrant") announces that a special joint
venture  company ("SPV"), of which Quadrant owns 50%, has  won
selection  as  the  Preferred Bidder  for  a  Private  Finance
Initiative  contract  to be awarded  by  the  UK  Ministry  of
defence  for  the provision of pilot training  for  the  RAF's
Boeing E3D Sentry aircraft for a minimum of 25 years.

If  the  selection proceeds to a firm contract,  signature  is
anticipated to be around April 2000.  Such a contract would be
expected to generate approximately #50 million of revenues for
the SPV over the full 30 year contract life.

In  addition, if and when the contract is finalised,  the  SPV
will  place  short term orders worth in the  region  of  #1.75
million  with  Quadrant's  subsidiary  Systems  Limited,   for
updating the RAF's current E3D full fight simulator.

Quadrant's  50%  partner  in the SPV  is  Evans  &  Sutherland
Computer  Corporation, the world's leading provider of  flight
simulator visual systems.

For further information, please contact

David  Coghlan, Chief Executive of Quadrant Group plc -  01527 850 080, or
Jeff  Sandiford, Chairman of Quadrant Systems Limited -  01444 246 226


END
MSCDLMMMGGMLLMM


1 Year Quadnetics Chart

1 Year Quadnetics Chart

1 Month Quadnetics Chart

1 Month Quadnetics Chart

Your Recent History

Delayed Upgrade Clock