Following yesterday's update from PEN highlighting the return to profit in H2-21, we note that the company has now been named as a key supplier by Boeing, in connection with the “Major Programme” which the company had previously highlighted. The announcement was made by the Minister of Defence Procurement, Jeremy Quinn, and aligns with the company's announcement on December 3rd which highlighted potential for a c£9m contract with a major OEM in the course of Q1-22. We anticipate that this will ....
21 Jan 2022
WH Ireland: Pennant International (PEN) - Major programme names Boeing – Pennant to be key supplier
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WH Ireland: Pennant International (PEN) - Major programme names Boeing – Pennant to be key supplier
Pennant International Group plc (PEN:LON) | 30.5 0 0.0% | Mkt Cap: 11.2m
- Published:
21 Jan 2022 -
Author:
Nick Spoliar -
Pages:
4
Following yesterday's update from PEN highlighting the return to profit in H2-21, we note that the company has now been named as a key supplier by Boeing, in connection with the “Major Programme” which the company had previously highlighted. The announcement was made by the Minister of Defence Procurement, Jeremy Quinn, and aligns with the company's announcement on December 3rd which highlighted potential for a c£9m contract with a major OEM in the course of Q1-22. We anticipate that this will ....