Avon Protection plc has been awarded a contract to supply the U.S. Defense Logistics Agency with the second generation of its advanced combat helmet.
The contract has a maximum value of $204 million over a five-year duration, being a one-year base period with a maximum value of $46 million plus four further one-year extension options, Avon said Feb. 8.
The United Kingdom-based manufacturer expects initial revenues in its 2024 financial year, starting October 2023. First article testing is expected to be completed in 2023.