Hampshire's Chemring strengthens ties with Northrop Grumman with new deal
Romsey-headquartered FTSE 250-listed defence group Chemring said it had strengthened its relationship with American multinational Northrop Grumman - inking a new 15-year partnership deal.
Subsidiary Chemring Nobel signed the deal, which is for the supply of HMX energetic material used in Northrop's missile programmes.
READ MORE: Hampshire’s Chemring reports revenues of £442m
Chemring said the dal built on the two companies' "long-standing relationship and supports Northrop Grumman's efforts to expand its munitions manufacturing production in response to growing customer demand".
Chemring received a delivery order from Northrop Grumman worth US$83 million for the supply of HMX.
Deliveries will begin in FY26 and will be made over the following three years, with all work being carried out at Chemring Nobel's facility at Sӕtre, Norway.
"These awards, which illustrate the long-term and valued relationship that we enjoy with Northrop Grumman, support our decision to invest in increasing the capacity of our three energetics businesses over the medium-term, and reinforces Chemring's position as a key supplier to NATO," said Michael Ord, the CEO of Chemring.
Chemring specialises in making products and the provision of services to the aerospace, defence and security markets. It employs around 2,600 people worldwide and has production facilities in four countries.
