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United States

Chemring Group PLC (CHG.L)

CHG.L on London Stock Exchange

219.00GBp
22 Jun 2018
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Thu, Jun 21 2018

Chemring targets $2 billion U.S. contracts as defense lifts-off

Defense equipment maker Chemring Group Plc is targeting contracts worth around $2 billion in the United States after nearly five years of relatively low demand, its chief executive said.

UPDATE 2-Chemring targets $2 bln U.S. contracts as defence lifts-off

* H1 results beat some analyst expectations (Releads with CEO comments, adds analyst estimates, context)

UPDATE 1-British defence specialist Chemring faces corruption inquiry

LONDON, Jan 18 British prosecutors said on Wednesday they had opened a bribery, corruption and money laundering investigation into defence specialist Chemring Group Plc, one of its subsidiaries and individuals associated with the businesses.

UK fraud office launches corruption investigation into Chemring

LONDON, Jan 18 British prosecutors have opened a bribery, corruption and money laundering investigation into defence and security solutions company Chemring Group Plc , one of its subsidiaries and individuals associated with the businesses.

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