23 December 2022 - new contract
We only tipped shares in the AIM-listed engineering company in the December issue of cityconfidential last week but the shares are already showing a useful gain. We advised buying the shares at 475p and the strong rise in the price has been due to the announcement of a deal worth £22.4m to supply land-based gun systems to an overseas customer in 2023. The contract represents the first sales of the new gun system which incorporates a unique 'counter-drone' capability, but one suspects these will not be the last. Continue to BUY . . .
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