Defence Order
Petards Group PLC announced that its subsidiary, Petards Joyce-Loebl, has secured an order valued at approximately £0.65 million from BAE Systems (Operations) Limited for products that ensure electrical safety in military aerospace applications. The full delivery of this order is anticipated to be completed during 2026. This announcement is classified as a Reach announcement and is not considered material or to have a significant impact on the company's performance expectations.
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Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that its subsidiary, Petards Joyce-Loebl (PJL), has received an order worth approximately £0.65 million from BAE Systems (Operations) Limited ("BAE").
The order is for Petards products which provide essential electrical safety assurance in military aerospace applications, protecting the lives of the civilian and military personnel working with military aircraft around the world.
Delivery of the full order is scheduled to be completed during 2026.
Commenting on the order, Petards Chairman Raschid Abdullah said;
"We are very pleased that BAE has selected Petards to meet the requirements of its customers in keeping their critical military assets operational, and the personnel that support and operate them safe.
"Petards Joyce-Loebl has been supplying these products to BAE and to the wider defence market for many years, and has a long history in the design, manufacture and support of robust electronic products used in demanding applications."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.