Chemring (GB:CHG) has released an update.
Chemring Group PLC has entered into a significant 15-year supply agreement with Northrop Grumman, through its Norwegian subsidiary Chemring Nobel, to provide HMX energetic material for missile programs. The deal includes an $83 million delivery order, with production starting in FY26 over a three-year period at the Chemring Nobel facility in Norway. This long-term partnership underscores Chemring’s strategic role as a key NATO supplier and supports its investment in the capacity expansion of its energetics businesses.
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