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SRT Marine Systems ( (GB:SRT) ) has issued an update.
SRT Marine Systems PLC has signed and commenced a US$9 million contract for the upgrade of a maritime domain awareness system with an existing Middle East Coast Guard customer. This agreement marks a significant enhancement in the client’s maritime surveillance capabilities, strengthening SRT’s long-term relationship and market positioning in the region.
More about SRT Marine Systems
SRT Marine Systems PLC is a prominent provider in the maritime domain awareness industry, offering technology-driven solutions for coastal and EEZ surveillance, fisheries management, and navigation safety. Their clientele includes government agencies such as Coast Guards and Fishery Authorities, as well as commercial and leisure vessel owners.
YTD Price Performance: 1.20%
Average Trading Volume: 287,199
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £104.9M
For a thorough assessment of SRT stock, go to TipRanks’ Stock Analysis page.
