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RNS Number : 8927O
TP Group PLC
07 October 2019
 

 

7 October 2019

 

TP Group plc

("TP Group" or the "Company" or the "Group")

Military satellite communications contract

TP Group (AIM: TPG), the providers of mission-critical solutions for a more secure world, announces that it has been appointed as a key part of the team which has won the Ministry of Defence ("MOD") Skynet Client Side Support ("CSS") contract. 

This arrangement has been confirmed with the issue of the first task orders, with a committed value of £1.5million to be delivered over the next 12 months.

Working with the prime contractor for CSS, PA Consulting, TP Group is providing technical assurance, approvals, analysis and cost estimation expertise to the third largest acquisition project in MOD. The full CSS contract is planned to last for 5 years and has an advertised value of £150m.

 

Phil Cartmell, Chief Executive Officer of TP Group, commented:

 

"We are very pleased to join the PA Consulting team for such a prestigious project in military satellite communications and technology. Following the acquisition of Sapienza Consulting earlier this year, this win cements the Company's role as a trusted partner to MOD in this high technology field and positions the Group for other major space programme work throughout Europe."

 

For further information, please contact:

 

TP Group plc

Tel: 01753 285 810

Phil Cartmell, Chief Executive Officer

 

Derren Stroud, Chief Financial Officer

 

www.tpgroup.uk.com

 

 

 

Cenkos Securities plc

Tel: 020 7397 8980

Stephen Keys / Callum Davidson

 

www.cenkos.com

 

 

 

Vigo Communications

Tel: 020 7390 0230

Jeremy Garcia / Fiona Henson / Charlie Neish

 

www.vigocomms.com

 

 

 

Notes to Editors

 

TP Group designs and develops advanced technologies, engineers complex equipment and systems, and provides support throughout their operational life. The Company's shares have been traded on AIM since July 2001.


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