The Team Valley-based security and surveillance systems manufacturer, Petards, has won a £0.6m contract from a major UK defence systems contractor to provide test equipment for use on a Ministry of Defence programme.
The work will involve the design, manufacture and supply of equipment that will form part of a Defensive Aids Suite system integration test rig, enabling the customer to carry out verification of electronic countermeasure configurations prior to their installation on aircraft.
Most of the equipment is expected to be delivered in the second half of 2015, with the project reaching completion early next year.
Petards chairman Raschid Abdullah said: “Petards has established a market leading position in this aspect of electronic countermeasures in the UK and we are very pleased to have secured this contract, which will enhance the test capabilities of our customer and add to the services it is able to provide to the MOD.”
The news comes shortly after Petards announced it had more than doubled its revenues in 2014 to £13.5m.
The company also recorded a pre-tax profit of £620,000, up from a £2.38m loss the year before.
Petards’ order book had also continued to build throughout the period and stood at £20m at the beginning of 2015.