AvonRubber has won a new order from the US defence sector

ERJ staff report (DS)

London -- Avon Rubber has received a new 5 year contract award from the US Department of Defense (DoD) for the M53Protective Mask. The M53 system is a new derivative of the M50 respirator and provides capability for usewith all recognised forms of Personal Protection Equipment (PPE). The initial order under this contract is for$3.7m with an overall potential of $43.4m.

The M53 systems are to be delivered to the United States Department of Defense, the United States CoastGuard and the United States National Guard, opening a new customer base for Avon.

Avon also announces the completion of the sale and leaseback of their Avon Dairy Solutions facility inJohnson Creek, Wisconsin, USA to Robin Associates LLC. The transaction has a sale value of $5.2m (£3.1m)and will generate $4.0m (£2.4m) of net cash after fees, taxation and other associated costs.

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Press release from Avon