Article: United States: Chemring says unit wins flare contract from US DoD.

British military-goods maker Chemring Group Plc (CHG.L) said on Monday its U.S. unit Kilgore Flares Co LLC received a five-year contract with a maximum potential value of $804 million for the supply of decoy flares to the U.S. Department of Defense (DoD).

The flares are used by the U.S. Army and Air Force to protect both fixed wing and rotary wing aircraft from the threat of infrared (IR) guided missiles. The first order at a value of $42 million, for delivery in 2010 and the first quarter of 2011, had been ...

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