Long Term Supply Agreement
November 06 2008 - 2:00AM
UK Regulatory
RNS Number : 5328H
Croma Group PLC
06 November 2008
CROMA GROUP PLC ('CROMA' OR 'THE GROUP')
Long Term Supply Agreement
The Board of Croma, the AIM listed security, homeland defence and avionics software specialist, announces that its wholly owned
subsidiary, R&D Design Services Limited ("RDDS"), has signed a Long Term Supply Agreement with Agusta, S.p.A. ("Agusta"), the manufacturer
of Westland Helicopters.
RDDS is a leading provider of vision-enhanced airborne surveillance systems to Civil, Police and Military organisations worldwide and
under the terms of the five year exclusive agreement with Agusta, it will supply its RDDS Avionics, Mission Equipment and Multifunction
Displays for use in all Agusta Westland Helicopters worldwide.
Sebastian Morley, CEO, commented: "I am pleased to announce such a long term agreement between RDDS and Agusta. Such an agreement with a
leading defence contractor is an endorsement of the work we have achieved to date. In addition, our subsidiary, Vigilant, has won a further
contract to guard an MOD site at the Aldershot garrison, which cements our position as a key provider of defensive security manpower to the
MOD."
Enquiries:
Croma Group plc
Sebastian Morley, CEO 07768 006909
Seymour Pierce Limited
Jeremy Garrett-Cox / Mark Percy 020 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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