Meggitt PLC Contract Win (9606C)
June 21 2019 - 2:00AM
UK Regulatory
TIDMMGGT
RNS Number : 9606C
Meggitt PLC
21 June 2019
21 June 2019
Meggitt PLC
Meggitt awarded multi-million dollar Advanced Cooling System
contract by General Dynamics Land Systems
Meggitt PLC, a leading international company specialising in
high performance components and sub-systems for the aerospace,
defence and energy markets, has been awarded a fixed price contract
by General Dynamics Land Systems (GDLS) to develop an Advanced
Cooling System for the next generation ground combat platforms. The
Advanced Cooling System joins other Meggitt products purchased by
GDLS and supports a recent award from the US Government to GDLS
with future plans to procure over 2,100 of these new cooling
systems valued at over $250 million.
The new cooling system builds on Meggitt's pedigree in thermal
management, including other electrically driven cooling systems
that are being implemented on more electric military aircraft
platforms and ground vehicles.
Enquiries
Meggitt PLC +44 (0)1202 597 597
Louisa Burdett, Chief Financial Officer
Adrian Bunn, Vice President Strategy and Investor Relations
FTI Consulting +44 (0)20 3727 1340
Nick Hasell, Managing Director
Dwight Burden, Managing Director
Alex Le May, Managing Director
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.
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 nearly
12,000 people at over 40 manufacturing facilities and regional
offices worldwide.
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END
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