Contract Awards
22 August 2003 - 10:10PM
UK Regulatory
RNS Number:9705O
IFTE PLC
22 August 2003
IFTE plc
CONTRACT AWARDS
IFTE plc, the world's leading designer of fire training systems, is pleased to
announce three new contract awards.
The first has been awarded to its US subsidiary and is for a structural fire
training system for the Amarillo Fire Department. The total value of the
contract is in excess of US$800,000 and is due for completion before the end of
IFTE's financial year end.
The second contract has been won by its Canadian subsidiary and is for a mobile
aircraft and mobile structural trainer for the US military base in Ecuador. The
total value of this contract is in excess of US$1 million and is also due for
completion before IFTE's financial year end.
The third contract award has also been won by its Canadian subsidiary and is for
a merchant marine training facility in Hawaii. The total value of this contract
is approximately US$1 million and completion is scheduled before IFTE's
financial year end.
Commenting on the awards, David Williams, Chairman of IFTE plc, said
"Despite the quiet spell experienced earlier this year, we remained confident of
securing a number of contracts and these three contract awards are very welcome.
It is particularly pleasing to see our recently acquired Canadian business
winning such good contracts."
Contact:
Charles Reynolds
Bell Pottinger Financial 020 7861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
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