Pennant provisionally selected for £25-30m training programme

9th Aug 2018 16:21

(Sharecast News) - Training and support solutions provider Pennant International has been provisionally selected on a major programme for an unnamed customer.The AIM-listed company, a supplier of products and services to train and assist engineers in the defence and regulated civilian sectors, said the contract would involve the design, construction and delivery of training equipment to an undisclosed customer.The contract value is expected to be in the region of £25-30m and cover the period from 2019 to 2021. If the company is finally selected, it expects the contract to be awarded and signed later this year.Pennant received an opportunity for another contract on 20 March 2018, upon which it expects to receive further clarity this quarter.