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MGGT Meggitt Plc

798.80
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Meggitt Plc LSE:MGGT London Ordinary Share GB0005758098 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 798.80 799.20 799.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Meggitt PLC Fuel cell contract for UH-60 Black Hawk programme (6652U)

16/07/2018 7:00am

UK Regulatory


Meggitt (LSE:MGGT)
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From Apr 2019 to Apr 2024

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TIDMMGGT

RNS Number : 6652U

Meggitt PLC

16 July 2018

16 July 2018

Meggitt awarded five year fuel cell contract for UH-60 Black Hawk programme

Meggitt PLC, a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, today announces a $21m contract with Defense Logistics Agency ('DLA') Richmond, Virginia to supply fuel cell equipment for the UH-60 Black Hawk helicopter until 2022.

Meggitt's crashworthy, self-seal fuel tanks, which meet the ultra-rigorous standards of flexibility, strength, impact and cut-and-tear resistance of US MIL-T-27422B, have stopped fuel spillage and reduced fire-related death and injury in survivable helicopter crashes to almost zero. Meggitt will manufacture the UH-60 fuel cell equipment from its Rockmart facility.

Stewart Watson, President of Meggitt Polymers & Composites, said: "Meggitt is proud of the trust that DLA Richmond has once again placed in Meggitt to provide fuel cell equipment for the Black Hawk helicopter, underlining the exceptional performance record of our fuel cell technology, which is now present on virtually all US military helicopters".

ENDS

Enquiries

Meggitt PLC +44 (0)1202 597 597

Doug Webb, Chief Financial Officer

Adrian Bunn, Vice President Strategy and Investor Relations

FTI Consulting +44 (0)20 3727 1000

Deborah Scott, Senior Managing Director

Nick Hasell, Managing Director

About Meggitt PLC

Headquartered in the United Kingdom, this international group operates in North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in aerospace, defence and energy. Meggitt employs more than 11,000 people at over 40 manufacturing facilities and regional offices worldwide.

Cautionary statement

This trading update, including information included or incorporated by reference in this trading update, may contain forward-looking statements concerning Meggitt PLC or its group. Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions identify forward-looking statements. Such forward-looking statements involve risks, uncertainties and other important factors which could cause the actual results, performance or achievements of the Meggitt group or the market and economies in which the Meggitt group operates to be materially different from those expressed or implied by such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the ability of Meggitt PLC or its directors to control or estimate precisely, such as future market conditions and the behaviours of other market participants, and therefore undue reliance should not be placed on such statements, which speak only as at the date of this trading update. Neither Meggitt PLC, nor any of its group undertakings, nor the directors of any of them, assumes any obligations to, and do not intend to, update these forward-looking statements, except as required pursuant to applicable law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

CNTRAMRTMBABMFP

(END) Dow Jones Newswires

July 16, 2018 02:00 ET (06:00 GMT)

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