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SRT Marine Systems Advances to Next Phase in Major Maritime Project
Company Announcements

SRT Marine Systems Advances to Next Phase in Major Maritime Project

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SRT Marine Systems ( (GB:SRT) ) has shared an announcement.

SRT Marine Systems PLC has received the go-ahead for the second phase of a large-scale maritime domain awareness project for a national coast guard, valued at approximately $15 million. This phase is part of a long-term contract strategy to enhance maritime safety, security, and sustainability, positioning SRT as a key player in maritime surveillance technology with a robust forward order book valued at £320 million.

More about SRT Marine Systems

SRT Marine Systems PLC is a leader in the global market for maritime domain awareness, providing technology-driven solutions for coastal and EEZ surveillance, fisheries management, and navigation safety. Their clientele includes government agencies like Coast Guards and Fishery Authorities, as well as commercial and leisure vessel owners.

YTD Price Performance: -3.66%

Average Trading Volume: 243,718

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £98.7M

Find detailed analytics on SRT stock on TipRanks’ Stock Analysis page.

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