TP Group PLC Defence refurbishment contract win
09 January 2018 - 6:00PM
RNS Non-Regulatory
TIDMTPG
TP Group PLC
09 January 2018
9 January 2018
TP Group plc
("TP Group", the "Company" or the "Group")
DEFENCE REFURBISHMENT CONTRACT WIN
TP Group (AIM: TPG), the specialist services and engineering
group, is pleased to announce that it has been awarded a c.GBP0.9m
contract by a defence prime contractor to overhaul an atmosphere
management system already fitted to an operational submarine.
The contract, which commences immediately, forms part of a
broader, through-life support programme that is typical for
equipment which remains in service for periods in excess of 30
years. This contract is expected to be delivered during 2018 by the
Company's engineering teams across the UK.
Phil Cartmell, Chief Executive Officer of TPG commented:
"We are very pleased to kick off the New Year with another
contract to support in-service equipment in the submarine fleet.
This is a reminder that our equipment is expected to perform its
critical function over a prolonged period, and demonstrates the
high technical standards and long term partnership that such
equipment demands, and which continue to provide a strong
foundation for our business."
For further information, please contact:
TP Group plc Tel: 01753 285 810
Phil Cartmell, Chief Executive
Officer
Derren Stroud, Chief Financial
Officer
www.tpgroup.uk.com
Cenkos Tel: 020 7397 8980
Mark Connelly / Callum
Davidson
www.cenkos.com
Vigo Communications Tel: 020 7830 9700
Jeremy Garcia / Fiona
Henson / Emma Lord
www.vigocomms.com
Notes to Editors
TP Group designs and develops advanced technologies, engineers
complex equipment and systems, and provides support throughout
their operational life. The Company's shares have been traded on
AIM since July 2001.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 09, 2018 02:00 ET (07:00 GMT)
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