Petards Group Plc Bags A contract From Bombardier Transportation

  • Petards Group Plc (PEG) for its Petards eyeTrain systems has bagged an order from the Bombardier Transportation.
  • The company will be supplying Petards eyeTrain systems to be fitted to Bombardier Electrostartm Electrical Multiple Unit (EMU) trains.
  • The contract is worth £1.3 million, and activities in this regard will commence immediately with the first equipment deliveries starting early 2020. The deliveries are slated to be accomplished in 2021.
  • On 7th October 2019, at the time of writing, GMT 08:04 AM, PEG shares were trading at GBX 16.00, up by 1.00 points or 6.67% against the previous day closing price.