Staverton headquartered Pennant International Group plc has been formally awarded an £8.8 million contract by Boeing Defence United Kingdom Limited (BDUK).
Specialising in training technology and integrated product support solutions, the contract is said to be for the significant redesign and upgrade of several Apache helicopter training devices in support of the UK Apache Mk 2 programme.
Pennant revealed the contract value to be £8.8 million and, being an ‘engineered-to-order’ programme, the associated revenue will be recognised over the next three years on a ‘cost-to-complete’ basis.
Pennant International Group plc (LON:PEN) is a leading global provider of technology-based maintainer training and integrated product support solutions.