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Avon Rubber existing ballistic helmet order US Army contract boosted by $28.4m
StockMarketWire.com
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Military equipment maker Avon Rubber said the value of its existing US Army Integrated Head Protection System low rate initial production contract would increased by an estimated $28.4 million.
'As part of this modification the U.S. Army has placed an order under this contract worth $18.9 million,' the company said.
'Deliveries under this modification are expected to commence in our current financial year and will contribute to our military revenues for the year,' it added.
Story provided by StockMarketWire.com
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