LONDON (ShareCast) - Military decoy producer Chemring's US subsidiary has bagged a $38.2m contract from the US Army to supply and support fifty Husky mine detection systems.
The systems will be used to clear roads of buried mines
wherever US peacekeeping forces are operating, such as Afghanistan.
Deliveries will be made until June 2010.
"The final contract for the fifty systems, spares and support is expected to be worth in excess of $75m," according to Chemring chief David Price.
His company bought NIITEK, which makes vehicle-mounted Ground Penetrating Radar systems, in December last year for up to $40m (£22.5m).
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