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Chemring Detection Systems Awarded $500k for Strategic Research and Development
Date:2/27/2012

eading manufacturing business supplying high technology electronics and energetic products to over 80 countries around the world.
  • Chemring Group PLC has a diverse portfolio of products that predominantly protect military people and platforms, providing insurance against a constantly changing threat. These range from countermeasures to protect aircraft, to ground penetrating radar to protect troops and vehicles from improvised explosive devices.
  • Chemring Group PLC operates in niche markets with short product development timescales.  With strong barriers to entry the business has the agility to rapidly adapt to the urgent needs of our customers. The highly fragmented nature of many of its markets gives Chemring excellent opportunities to win further market share through manufacturing efficiencies and targeted acquisitions.
  • Chemring Group PLC's balanced geographic profile and diverse global markets positions it well to withstand economic downturn in any of its major markets. This gives confidence to be able to successfully navigate current defence cuts experienced in the US and Europe. Chemring continues to grow its presence in the Middle East and Asia and expects non-NATO revenues to reach 40% of the Group over the next two to three years. 
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