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Photo: Avon Rubber
US-based Avon Rubber company announced last week that it has received a sole-source contract valued at up to $93 million to further develop and supply the US Army’s Next-Generation Integrated Head Protection System (IHPS). The contract will go into effect following the current low-rate initial IHPS production contract, which expires in 2021.
“This contract award demonstrates our ongoing focus on technological excellence and commitment to developing the next generation of life-critical personal protection systems," said CEO Paul McDonald. "This further strengthens our medium-term outlook and represents further momentum in our leading ballistic helmet portfolio.”
The Monch website noted that Avon recently announced that it will buy US-based Team Wendy in a $130 million deal. After integrating the Cleveland, OH, family-owned supplier of helmets, liners and retention systems with Avon's existing helmets and armour business, the company aims to become a global leader in military and first responder markets with “a broader product portfolio and stronger capabilities and routes to market,” the report said.
Avon Rubber to supply new helmet to US Army
US-based Avon Rubber company announced last week that it has received a sole-source contract valued at up to $93 million to further develop and supply the US Army’s Next-Generation Integrated Head Protection System (IHPS). The contract will go into effect following the current low-rate initial...
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