Security and surveillance system developer Petards Group has acquired Leeds-based rail software specialist RTS Solutions for around £1.5m.
Advanced security and surveillance software developer Petards announced on Monday that the Ministry of Defence (MoD) has exercised its option to extend its existing three year contract - initially announced on 22 December 2016.
Petards, an AIM-listed developer of advanced security and surveillance systems, has been awarded a £1.5m contract from the UK Ministry of Defence to provide communications equipment and services.
Surveillance group Petards said it expected full year pre-tax profits to be above market expectations, although £1m in revenues would be deferred into 2018.
Investors in security and surveillance system software developer Petards were gathering in Guildford, Surrey on Wednesday morning for the company's annual general meeting, with chairman Raschid Abdullah confirming a previously-flagged significant order.
Software developer of advanced security and surveillance systems company Petards has won a contract worth £4.3m to supply Stadler Bussnang AG with its eyeTrain CCTV and Automatic Selective Door Opening (ASDO) systems.
AIM-listed software developer Petards has secured a three-year contract renewal from the UK Ministry of Defence worth more than £1.6m.
Shares in software developer Petards Group rose as it announced it had won a £2m contract to supply German electronics giant Siemens with its digital CCTV systems.
Advanced security and surveillance system software company Petards announced on Monday that it has been awarded a contract to supply Great Western Railway - part of FirstGroup - with Petards eyeTrain systems.
Petards Group expanded its presence in the law enforcement market on Thursday, announcing the full acquisition of QRO Solutions for a maximum consideration of £1.26m.
Shares in Petards Group jumped 8% early on Monday, after the advanced security and surveillance system producer revealed it won a contract worth over £1m with Bombardier Transportation.
Security and surveillance systems group Petards said its profits during the first half of the year were in line with expectations.
Security surveillance systems developer Petards Group has secured a contract with the Ministry of Defence worth £4.5m to undertake a modification programme for one of its aircrafts.
Security and surveillance technology maker Petards is eyeing full-year results in line with hopes after a strong start to 2014.
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Transport CCTV supplier Petards has won a contract from European train-builder Alstom for digital systems to be fitted on trains for the Swedish capital Stockholm.
Security and surveillance system group Petards has won a deal worth more than 1.75m pounds to supply Canadian train-builder Bombardier Transportation with on-board digital CCTV systems.
Petards, the AIM-quoted developer of advanced security and surveillance systems, has won a multi-million euro framework contract with Hitachi Rail Europe under which Petards will supply Passenger Counting Systems for the Class 800 series trains for the Intercity Express Programme (IEP).