Petards Group PLC (LSE:PEG) has confirmed that its subsidiary, Petards Joyce-Loebl, has secured a £0.65 million contract from defence prime contractor BAE Systems. The order covers the supply of specialist products designed to ensure electrical safety in military aerospace environments.
The award underlines the long-established working relationship between Petards and BAE Systems, as well as Petards Joyce-Loebl’s track record in delivering robust electronic solutions for highly demanding defence applications. Delivery of the equipment is scheduled to take place during 2026.
While the group continues to face challenges around profitability and cash generation, recent contract wins and ongoing strategic initiatives are providing momentum. Management believes these developments help reinforce Petards’ position as a trusted supplier within the defence sector, even as financial performance remains an area of focus.
More about Petards
Petards Group PLC develops advanced security, communications and surveillance technologies, with a strong emphasis on defence-related applications. Through its Petards Joyce-Loebl subsidiary, the company supplies high-reliability systems to the UK defence market, specialising in communications information systems, ruggedised electronic control systems and engineering services for the armed forces and major defence contractors.
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