Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Westminster ( (GB:WSG) ) just unveiled an update.
Westminster Group Plc has commenced operations under a significant 15+ year contract with the Gabonese Ministry of Transport to provide airport security services at four airports in Gabon. This contract, expected to generate approximately $5.5 million in the first year, involves upgrading security infrastructure and services to international standards, potentially increasing air traffic and attracting new international carriers to the region. Additionally, Westminster has granted 13,700,000 share options to directors and key employees as part of its 2017 Share Option Scheme, with vesting conditions tied to the company’s share price performance.
More about Westminster
Westminster Group Plc is a specialist security and services company operating globally through a network of agents and offices in over 50 countries. The company focuses on designing, supplying, and supporting advanced technology security solutions, including surveillance, detection, tracking, and interception technologies. It also provides long-term managed services contracts for security services in airports, ports, and other facilities, with a customer base primarily consisting of governments, NGOs, and blue-chip commercial organizations.
Average Trading Volume: 688,631
Technical Sentiment Signal: Buy
For detailed information about WSG stock, go to TipRanks’ Stock Analysis page.