TP Group notches order from UK defence ministry

Writer, Stock Market Wire
Tuesday, February 5, 2019 - 09:47

Engineering company TP Group announced the award of an order worth around £1.2m from the Ministry of Defence to provide lithium-hydroxide curtains for management of carbon dioxide contamination on submarines.

The order was placed as part of an estimated £22m framework contract previously entered into between TP Group and the ministry announced in April 2017.

The order would be delivered by Micropore, TP Group's strategic partner in the US.

'We are pleased to see the first significant commercial order since signing our partnership with Micropore,' chief executive Phil Cartmell said.

At 9:47am: (LON:TPG) TP Group Plc share price was +0.13p at 6.5p


Related content

TP wins order to provide oxygen generating devices to UK defence ministry

TP Group said it had secured a new order worth about £1m to supply the UK Ministry of Defenceto with oxygen generating devices.

The order...

Tue, 17/09/2019 - 07:07


TP adjusted profit more than doubles acquisitions boost sales

Defence, energy and space contractor TP Group booked a first-half loss owing to acquisition costs, though its underlying profit was boosted by higher sales.

Pre-tax...

Tue, 10/09/2019 - 07:25


TP Group trading in line; eyeing acquisition opportunities

Defence, energy and space services company TP Group said it expected to deliver annual results in line with market forecasts.

In a trading update for...

Tue, 16/07/2019 - 07:07


TP unit Sapienza Consulting ups stake in Lift to 69%

Specialist services and engineering company TP Group said subsidiary Sapienza Consulting had agreed to acquire an additional shareholding in Lift for around €0.7m.

Lift was...

Tue, 02/07/2019 - 07:37


TP forms nanotechnology partnership with Batelle

Specialist engineer TP Group said it had entered into a nine-year exclusive licensing agreement with Batelle to be a technology partner for their nanotechnology material....

Mon, 03/06/2019 - 07:13