t
LPA Group PLC announced on 11 February 2025 a new contract award with a major UK-based train builder. The contract, valued at £1.3M, is for the supply of rail inter-car jumpers and connectors. Product deliveries are anticipated to commence in summer 2025 and are scheduled into 2026.
| Date | 11 Feb 2025 |
| Time | 07:00:07 |
| Category | Miscellaneous |
| ID | 5860W |
11 February 2025
LPA GROUP PLC
("LPA", the "Company" or the "Group")
New contract award
LPA Group plc, the innovation-led engineering specialist in electronic and electro-mechanical components and systems, is pleased to announce a new contract award for the supply of rail inter-car jumpers and connectors for a new build project with a major UK-based train builder.
With a contract value of £1.3M, product deliveries are anticipated to start in summer 2025 and scheduled into 2026.
Philo Daniel-Tran, Chief Executive Officer, commented: "This contract award is a significant boost to our manufacturing site in Saffron Walden, Essex and further endorses our role in the UK rail supply chain."
For further information, please contact:
|
LPA Group plc Robert B Horvath, Chairman Philo Daniel-Tran, Chief Executive Officer |
Tel: +44 (0) 1799 512800 www.lpa-group.com |
|
Stuart Stanyard, Chief Financial Officer Cavendish Capital Markets Limited (Nominated Adviser & Broker) Ed Frisby / Issac Hooper / Elysia Bough - Corporate Finance Tim Redfern - Corporate Broking |
Tel: +44 (0) 20 7220 0500
|
|
Hudson Sandler (Financial PR) Dan de Belder Nick Moore Francesca Rosser |
Tel: +44 (0) 20 7796 4133
|
About LPA
LPA Group plc (AIM: LPA) is an innovation-led engineering specialist in electronic and electro-mechanical components and systems.
Focused on transport (rail and aviation), aerospace, defence, infrastructure and industrial markets and supplying into hostile and challenging environments, LPA is known for engineering solutions to improve product reliability, reducing maintenance and life cycle costs.
The Group has three sites across the UK, selling to customers in the UK and overseas. Two of these are design and manufacturing sites: Saffron Walden, Essex - electro-mechanical systems for rail, aviation and industrial; Normanton, Yorkshire - LED lighting and electronic systems for rail and infrastructure. The third site is Thatcham, Berkshire - value-added distribution of engineered components for rail, aerospace and defence.
With over 150 years of UK design and manufacture, and with origins in the first ever light installed in 'Electric Avenue', Brixton; innovation is core to LPA and to the products and services supplied to our customers worldwide.
For more information visit www.lpa-group.com