tiprankstipranks
Chemring Secures Long-Term Deal with Northrop Grumman
Company Announcements

Chemring Secures Long-Term Deal with Northrop Grumman

Chemring (GB:CHG) has released an update.

Don't Miss our Black Friday Offers:

Chemring Group PLC has entered into a significant 15-year supply agreement with Northrop Grumman, through its Norwegian subsidiary Chemring Nobel, to provide HMX energetic material for missile programs. The deal includes an $83 million delivery order, with production starting in FY26 over a three-year period at the Chemring Nobel facility in Norway. This long-term partnership underscores Chemring’s strategic role as a key NATO supplier and supports its investment in the capacity expansion of its energetics businesses.

For further insights into GB:CHG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskChemring Director to Join Senior plc in 2025
TipRanks UK Auto-Generated NewsdeskChemring Secures Major Defense Contracts Worth £278M
TipRanks UK Auto-Generated NewsdeskChemring Group Engages in Strategic Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App