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Image Scan Holdings Secures £3M Defence Contract
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Image Scan Holdings Secures £3M Defence Contract

Image Scan Holdings (GB:IGE) has released an update.

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Image Scan Holdings PLC has announced securing a £3 million contract with UK defence contractor NP Aerospace Limited for the supply of its ThreatScan portable X-ray systems. The deal, awaiting final commercial terms, will see a trial period starting September 2024, with full delivery expected in the following years, contributing to financial years 2025 and 2026. The company highlighted the success of its revised product strategy and its commitment to innovation in the security and counter-terrorism sectors.

For further insights into GB:IGE stock, check out TipRanks’ Stock Analysis page.

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