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CHG Chapters Group AG

24.20
0.00 (0.00%)
07:00:49 - Realtime Data
Share Name Share Symbol Market Type
Chapters Group AG TG:CHG Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.20 24.00 24.20 24.20 24.20 24.20 20 07:00:49

Doc re New Orders for US Countermeasures Business

16/05/2003 10:20am

UK Regulatory


    CHEMRING GROUP PLC                               

                            SIGNIFICANT NEW ORDERS                             

                   FOR THE US BASED COUNTERMEASURES BUSINESS                   

Subsidiaries of Chemring Group PLC ("Chemring") in the US have received US$43
million of new orders, primarily from the United States Government, increasing
the Group's US defence order book to over US$103 million.

Kilgore Flares Company LLC, based in Tennessee, has received new orders valued
at US$22 million for point source magnesium decoys which are used to protect
military aircraft from missile attack. These decoys are manufactured in
Kilgore's advanced manufacturing facilities located in Toone, Tennessee.

Alloy Surfaces Company, Inc., based in Philadelphia, has received new orders
valued at US$17 million from the United States Government for aircraft decoys
incorporating its proprietary infra red special materials and US$4 million of
orders for its innovative BOL infra red (IR) decoy from the UK Ministry of
Defence.

Chemring is the international market leader in expendable decoys used to
protect military fixed wing aircraft and helicopters from missile attack, and
is the largest supplier of these products in the US. Its products were used
extensively in protecting coalition forces in Iraq.

For further information:

David Evans Chief Executive, Chemring Group PLC 01489 881880

Jonathan Rooper CardewChancery 0207 930 0777



END



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