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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| National Grid Plc New | NYSE:NGG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.84 | 1.38% | 61.79 | 61.82 | 60.66 | 61.16 | 1,411,108 | 01:00:00 |
From Jul 2021 to Jul 2024
By Anthony O. Goriainoff
Synectics PLC said Tuesday that it has been awarded a five-year contract with National Grid PLC to provide security management software support.
The U.K. provider of security and surveillance systems said that although the total contract value was confidential it expected to recognize revenue of around 600,000 pounds ($786,240) in fiscal 2022, and that this would lessen in each of the remaining years of the contract.
"This further expands Synectics' footprint in high-security infrastructure markets, where we have a strongly differentiated product offering," Chief Executive Paul Webb said.
Shares at 0901 GMT were up 2.50 pence, or 2.3%, at 112.50 pence.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
March 08, 2022 04:20 ET (09:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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