March 27, 2020Contract Awards, NewsComments Off on Avon Rubber Books $333M Body Armor Supply Contract With DLA
The Defense Logistics Agency has selected U.K.-based protective equipment supplier Avon Rubber for a potential $333M framework contract to provide body armor plates from its recently acquired business, Ceradyne.
January 3, 2020NewsComments Off on Avon Rubber Completes Buy of 3M Ballistic Protection Unit
U.K.-based military technology provider Avon Rubber has completed its acquisition of 3M's (NYSE: MMM) ballistic protection business in an approximately $116M cash deal. The transaction includes an initial payment of $91M and a contingent consideration of up to $25M.