Announcement

21
JANUARY
2022


Category Label


Client Announcements

Pennant Int. Group : Major Programme Update

  •  
  •   21 January 2022

RNS Number : 2298Z

Pennant International Group PLC

21 January 2022

 

 

 

FOR IMMEDIATE RELEASE                                                    21 January 2022  

 

PENNANT INTERNATIONAL GROUP PLC

 

Major Programme Update

 

Pennant named as key supplier by Boeing Defence United Kingdom

 

 

Pennant International Group plc (AIM:PEN)("Pennant", the "Group" or "Company"), a leading global provider of training technology and integrated product support solutions, provides the following update.

 

The Group is pleased to note that it has been named as a key supplier in this morning's announcement by Boeing Defence United Kingdom Limited (BDUK) regarding the award of the long-term services contract for the UK's new Apache helicopter fleet.

 

Pennant's scope of work will be to deliver several new and upgraded Part Task Trainers which are compatible with the new fleet (this being referred to in prior announcements as the 'Major Programme'). Pennant and BDUK are presently working to finalise Pennant's contract and award is expected imminently.

 

The Group looks forward to working with BDUK to deliver this important capability to UK Defence.

 

The BDUK press release may be viewed here:

 

https://www.boeing.co.uk/news-media-room/news-releases/2022/january/boeing-expands-uk-military-support-with-apache-ah-64e.page  

 

  Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

 

 

Enquiries:

 

Pennant International Group plc

www.pennantplc.co.uk

Philip Walker, CEO

David Clements, Commercial & Risk Director 

+44 (0) 1452 714 914

 

 

WH Ireland Limited (Nomad and Broker)

www.whirelandcb.com

Mike Coe

Sarah Mather

+44 (0) 20 7220 1666

 

 

Walbrook PR (Financial PR)

[email protected]

Paul Vann

Tom Cooper

+44 (0)20 7933 8780

Mob: +44 (0)7768 807631

 

 

 

 

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END

 

 

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