Rail and Defence Orders
Petards Group PLC announced that its subsidiary, Petards Joyce-Loebl, has secured new orders totaling over £0.9 million. The company received over £0.5 million for eyeTrain systems for rail fleet retrofits, with deliveries expected later this year and completion in 2027. Additionally, a £0.4 million order was secured for proprietary safety equipment for military aerospace applications, with delivery scheduled for completion during 2026. These contracts are expected to support the Group's revenues for the current and next financial years.
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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 orders worth over £0.9 million for its Rail and Defence systems.
In Rail, PJL has received an award of over £0.5 million for eyeTrain systems for customer retrofit to its train fleet. These additional train sets of equipment and related engineering services follow on from orders supplied by PJL in the past which were fitted to other elements of the same fleet.
First deliveries are scheduled to be made later this year and the project is expected to be completed during 2027.
In Defence, PJL has secured an order for £0.4 million from a UK prime defence contractor for the supply of Petards proprietary safety equipment for use in military aerospace applications.
Delivery of this order is scheduled to be completed during 2026.
Commenting on the awards, Petards Chairman Raschid Abdullah said;
"We are delighted to have secured both these contracts which add to Petards order book in support of its revenues for both the current and the next financial years.
"It was particularly pleasing to see another eyeTrain retrofit opportunity come to fruition following the improvement in trading seen at Petards Rail that was reported for 2025."
Petards Defence is expert in the development of high quality and reliable defence technology and its lineage in the UK defence sector dates back to the 1950s.
Having supplied and supported many equipment types over its long history, Petards Defence is uniquely placed to provide the critical range of specialist skills required by the defence sector to support the equipment used by the UK's armed forces. It has established a strong reputation for being a responsive, flexible and reliable partner in delivering challenging military programmes. Petards Defence excels in the disciplines of Communications Information Systems, Ruggedised Electronic Control Systems, Integrated Logistic Support and in the provision of Engineering Services to UK MOD and its prime contractors.
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