RNS Number : 2653B
Scotty Group PLC
23 October 2009
SCOTTY Group plc
("SCOTTY" or "The Company")
Contract from Eurocopter for Personnel Location System
SCOTTY is pleased to announce that it has been awarded a new contract worth approximately Euros 1 million from Eurocopter for key positioning and communication equipment for Eurocopter's Personnel Location System (PLS) for German Army helicopters.
Using specially equipped helicopters, the system pinpoints the exact location of military personnel in the field, thus enabling them to be monitored and recovered where necessary. The PLS system operates by gaining helicopter positioning and flight data from SCOTTY's equipment, which is then combined with Eurocopter's personnel locator search data and fed into SCOTTY's Blue Force Tracking system to produce an accurate location for each soldier.
The contract is for the modification of sixteen existing helicopters to accommodate the new system, together with the supply of five "roll-on roll-off" systems for use in those helicopters, and is worth approximately Euros 1.0 million in total to the Company. Of this total, the Company has already invoiced and received Euros 0.3 million for the initial engineering phase, with the remainder of the contract due for delivery between October 2009 and November 2010.
SCOTTY's Chief Executive Officer, Kurt Kerschat, commented:
"This contract provides further proof that the need to provide improved protection for defence forces serving overseas is becoming an increasingly important priority for governments worldwide.
"This order is an exciting extension of SCOTTY's proven aero data and video communication skills and is another example of our ability to provide customised solutions to our customer base in a very short space of time."
For further information please contact:
SCOTTY Group plc Tel: 020 7653 9850
Kurt Kershat, CEO
Bryan Smart
Threadneedle Communications Tel: 020 7653 9850
Graham Herring
Josh Royston
Allenby Capital Limited Tel: 020 3328 5656
Imran Ahmad
Nick Athanas
This information is provided by RNS
The company news service from the London Stock Exchange
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