TenCate wins various US armor contracts amounting to US$ 25 million
(Thomson Reuters ONE) -
TenCate Advanced Armor USA has won various vehicle and personal protection armor
contracts amounting to approximately US$ 25 million, with a contract option that
could result in additional sales of US$ 10 million.
These orders come from several American military vehicle OEM's, such as General
Dynamics Land Systems and BAE Systems, and also include orders directly placed
with TenCate by the United States Army. Due to a focused broadening of current
product lines and the portfolio of customers, TenCate Advanced Armor USA now
enjoys a more balanced and diversified business base than that seen in years
past and the market group has positioned itself well for the future.
TenCate Advanced Armor USA is involved in a wide array of programs, each with
unique ballistic protection systems, such as those for armored Humvee's,
Stryker, FMTV and SAPI. This market group is also successful in supplying armor
composite materials, such as the unidirectionally reinforced Aramid Shield
product line.
The strength of TenCate Advanced Armor resides within the company's extensive
portfolio of light weight ballistic protection systems, its wide understanding
and application of material sciences and its design capabilities that support
providing the Vehicle, Aircraft, Watercraft and Personal Protection markets with
unique and dedicated survivability systems.
Royal Ten Cate
Almelo, The Netherlands, Monday 1 March 2010
For further information:
Royal Ten Cate
Drs. F.R. Spaan, director investor relations & corporate development
Telephone : +31 (0)546 544 977
Mobile : +31 (0)6 12 96 17 24
E-mail : f.spaan(at)tencate.com
Internet : www.tencate.com
TenCate Advanced Armor is a worldwide leading supplier of a wide range of
products for protection. TenCate Advanced Armor develops and produces a
portfolio of composite and ceramic materials and designs armor solutions for the
protection of police, army, air force, navy and civilian service personnel,
vehicles and vessels. TenCate Advanced Armor has plants in Europe and
North-America.
Royal Ten Cate (TenCate) is a multinational company which combines textile
technology with related chemical processes and material technology in the
development and production of functional materials with distinctive
characteristics. Products of TenCate are sold worldwide.
Systems and materials from TenCate come under four areas of application: safety
& protection, space & aerospace, infrastructure & the environment, and sport &
recreation. TenCate occupies leading positions in protective fabrics, composites
for space and aerospace, antiballistics, geosynthetics and synthetic turf.
TenCate is listed on the NYSE Euronext (AMX).
[HUG#1389388]
Press release as PDF: http://hugin.info/130798/R/1389388/347612.pdf
Unternehmensinformation / Kurzprofil:
Datum: 01.03.2010 - 08:01 Uhr
Sprache: Deutsch
News-ID 13001
Anzahl Zeichen: 0
contact information:
Town:
Almelo
Kategorie:
Business News
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