2 Jun 2022

Avon Protection plc is pleased to confirm the award of a contract worth up to $87.6 million over two years to develop and supply the U.S. Army with the next generation Integrated Head Protection System (“IHPS”) as part of a dual sourced program.

This contract replaces the next generation IHPS contract announced on 24 September 2020 which was withdrawn following a competitor protest. Following this award, the U.S. Army has placed an order worth $1.3 million for the first article test samples for delivery in the first half of the 2022 financial year.

Production under the contract will follow from the existing low-rate initial production contract for the first generation IHPS which, following the extension announced on 1 April 2021, is due to end in 2022.

Authority Comment

Commenting, Paul McDonald, Chief Executive Officer, said: "I am delighted that Avon Protection will continue to work with the U.S. Army to deliver the next generation Integration Head Protection System. This contract demonstrates our ongoing commitment to developing next-generation ballistic protection systems and further strengthens the medium-term outlook."