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17 Jul 2009 - INTELEK COMPANIES WIN SIGNIFICANT NEW DEFENCE ORDERS
17 July 2009
INTELEK plc
INTELEK COMPANIES WIN SIGNIFICANT NEW DEFENCE ORDERS
Intelek plc (AIM: ITK), whose activities include the design and manufacture of electronic systems and components for the satellite and wireless communications markets together with the manufacture of structural components for the aerostructures market, is pleased to announce that two of its wholly-owned subsidiaries, Labtech Microwave and CML, have won important new defence-related orders.
Labtech Microwave, one of the
CML, the aerostructures company, has recently secured a follow-on order to deliver a further £0.5 million of structural parts for a military air transporter. This contract, which builds on other recent military aerospace orders, will be manufactured at CMLs Birkenhead factory and will also be deliverable within the current financial year.
"These contract wins in the defence sector for Labtech Microwave and CML are extremely important. They serve to emphasise the growing and significant contribution of the defence sector to both companies which have, until recently, predominantly served commercial programmes. Labtech Microwave has been increasing its presence in the military radar market, while CML has enjoyed considerable success in growing its presence in military aircraft programmes such as the Joint Strike Fighter and the C27."
For further information, please contact:
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Intelek: |
+44 (0)1793 827000 |
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Altium (NOMAD): |
+44 (0)161 831 9133 |
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Buchanan Communications: Charles Ryland/Isabel Podda |
+44 (0)20 7466 5000 |
