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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vega Grp. | LSE:VEG | London | Ordinary Share | GB0009291500 | 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% | 273.20 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6958K Vega Group PLC 19 October 2006 Embargoed until 0700 hours 19 October 2006 VEGA Group PLC VEGA wins Euro7m ESA contract VEGA Group PLC ("VEGA"), the independent Programme and System Assurance Company, has signed a three-year contract worth approximately Euro2.3m per year to provide science and engineering support to ESA's Directorate of Science Programmes (D/ SCI) based at the European Space Research and Technology Centre (ESTEC) in the Netherlands and also at the European Space Astronomy Centre (ESAC) in Spain. Under the terms of the contract, where work commenced in April 2006, VEGA will provide engineering and scientific support in the areas of System and Software Engineering and Operations Support. VEGA's work will focus on both existing and new missions in the areas of astronomy, solar physics and planetary exploration. A wide range of missions and areas are covered including XMM, Gaia, Mars Express and Venus Express. The contract win helps to underpin the Group's existing expectations for the current and future financial years. Phil Cartmell, CEO, said: "VEGA has been working at ESTEC in the Netherlands for over 15 years and has built up a reputation for providing managed solutions through innovative ideas and experienced staff. We are pleased to see the increased level of VEGA support to the ESAC operations in Spain. This contract win reinforces this relationship and we will continue to provide scientific knowledge and software applications at the technical heart of ESA's programmes." For further information please contact: VEGA Group PLC: Phil Cartmell, Chief Executive 01707 391999 Sue Bygrave, Group Finance Director Smithfield: Sara Musgrave / Tania Wild 020 7360 4900 Print resolution images are available for the media to view and download from www.vismedia.co.uk Notes to Editors: About VEGA VEGA Group PLC is an independent consulting, technology and managed solutions that specialises in Programme and System Assurance, with over 28 years' experience of delivering consulting and technology services into the aerospace, defence and government markets. VEGA's services enable clients to identify business value, manage risk and realise higher levels of success from their programmes and systems. VEGA's key geographies are defined as UK, Germany and Rest of Europe (France & Holland). The main service lines include Capability Acquisition, Information Security, Technology Support Services, Science & Technology Research, Human Performance Improvement and Simulation & Technology Services. AEROSPACE - Within the Aerospace market, VEGA supports scientific, commercial and military programmes worldwide and has been involved in almost every European Space Agency mission over the last 28 years. Clients include: European Space Agency, European Commission, Inmarsat, Eumetsat, EADS Astrium, Alcatel Alenia Space and RapidEye. On the military side, clients include BAE Systems, Thales, CAE and EADS, working on programmes like the F-16, Eurofighter and the UK Army's new UAV capability, Watchkeeper. DEFENCE - VEGA has a long track record of working alongside our defence clients to deliver strategically important defence information and communication systems as a trusted partner. We work with UK and European defence agencies and armed forces in the specification, acquisition, security, integration and deployment of network enabled capability delivers the operational benefits for which it is intended. Clients include the UK Ministry of Defence, Defence Procurement Agency (DPA) and Defence Logistics Organisation (DLO). Current projects include client side support for the Defence Information Infrastructure (DII(F)) and Command Support Information Systems (CSIS) Integrated Project Team (IPT). GOVERNMENT - VEGA is Catalist accredited and works with government departments and agencies to ensure that transformation initiatives are conceived, implemented and integrated effectively and efficiently. We help our clients deliver citizen-centric services that operate with the necessary levels of accessibility and security. VEGA also works alongside the stakeholders of the UK Resilience and Critical National Infrastructure communities to ensure UK security at home and aboard. Clients include the Department of Health, Home Office, Foreign & Commonwealth Office, UK Emergency Services, Department of Trade and Industry, and the Welsh Assembly Government. VEGA floated on the London Stock Exchange in 1992 at an issue price of 122p. VEGA is listed in the Software & Computer Services sector, and has a RIC code of VEG.L. This information is provided by RNS The company news service from the London Stock Exchange END CNTBCBDGGDBGGLI
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