Avon Rubber warns on performance following delay in delivery of ballistic protection contracts | 17 December 2020 stockmarketwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmarketwire.com Daily Mail and Mail on Sunday newspapers.
By BFN News | 07:16 AM | Thursday 17 December, 2020 Military equipment maker Avon Rubber warned on performance following a delay to first deliveries under its ballistics contracts with the US Army. A delay in first deliveries under U.S. Defense Logistics Agency Enhanced Small Arms Protective Inserts and U.S. Army Vital Torso Protection body armor contracts would reduce overall expectations for FY21, the company said.
Orders under the company s contracts for the U.S. Defense Logistics Agency Enhanced Small Arms Protective Inserts and U.S. Army Vital Torso Protection body armor would be delayed from H1 2021 to H2 as a result of a failure encountered in first article testing.