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Business & education services

Avon Protection gets additional US defense agency helmet delivery order

Avon Protection PLC (LSE:AVON) shares enjoyed a small boost as it won an additional helmet delivery order worth US$14.2 million from the US Defense Logistics Agency.

The provider of protective equipment to the military and emergency services said it was part of the second-generation Advanced Combat Helmet framework contract announced in February 2022.

At the time of the original order, the contract had a maximum value of US$204 million over a five-year duration, with initial revenues expected in the 2024 financial year, following completion of first article testing in 2023.

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