Petards Group (AIM:PEG), the AIM-listed developer of security, communications and surveillance systems, has received orders totalling more than £0.9 million through its subsidiary Petards Joyce-Loebl.
The larger award, worth more than £0.5 million, covers eyeTrain onboard surveillance systems for a customer retrofitting additional train sets within an existing fleet, building on equipment PJL has previously supplied to the same operator.
First deliveries are scheduled for later this year, with project completion expected during 2027.
The defence award, valued at £0.4 million, is from a UK prime defence contractor for proprietary safety equipment used in military aerospace applications, with delivery scheduled to complete during 2026.
Chairman Raschid Abdullah said the contracts "add to Petards order book in support of its revenues for both the current and the next financial years," and noted it was "particularly pleasing to see another eyeTrain retrofit opportunity come to fruition following the improvement in trading seen at Petards Rail that was reported for 2025."
