Two Wales, U.K., Firms Secure U.S. Defense Contracts

Largest-ever trade mission from Wales to U.S. brings early successes
International Business Wales ~ September 15, 2009,
CARDIFF, Wales, United Kingdom--(BUSINESS WIRE)--International Business Wales announced today that Wales, U.K., manufacturers have secured U.S. defense contracts on the heels of the country’s largest-ever international trade mission to America in June 2009.
Another trade mission is coming to the Association of the United States Army annual meeting in October in Washington, D.C., three companies that were on the June mission.
Contract announcements include:
Aircraft maintenance manufacturer CAVE Systems Logistic Containers has won an order for phase one of a contract with a potential value of $5 million. The initial $500,000 order from the Pennsylvania National Guard is for aircraft maintenance equipment required by troops in Iraq.
Teddington Engineered Solutions, based in Llanelli, Wales, has secured a contract worth over $800,000 from the U.S. Navy for bellows designed to allow rescued submariners to pass from a rescue vessel into a compression chamber on-board a ship – regardless of weather conditions.
Over 80 Welsh companies from the technology, aerospace, defense, life sciences, security and engineering industries visited the U.S. in June to foster international corporate partnerships and promote international trade.
“We’re thrilled that we’re already seeing excellent results from our trade mission this summer, and we expect the good news to continue, given the strong interest from the American companies and organizations we met,” said Geraint Jones, CEO, Americas for International Business Wales, the economic development and trade arm of the Welsh Assembly Government.
Cave Systems, Faun Municipal Vehicles Ltd., AB Connectors/TTElectronics, were all part of the June trade mission, and will attend the AUSA meeting. The other companies on the new mission will be Digital Surface Research, Dytecna Systems Engineering, Spectrum Technologies and Concrete Canvas.
About International Business Wales
International Business Wales is the economic development arm of the Welsh Assembly Government with the responsibility of helping international corporations locate operations in Wales, and with promoting international trade by Welsh businesses. IBW can assist businesses in finding suitable properties in Wales for their operations, help them in finding employees and in obtaining financial assistance from the Welsh government, when appropriate. For more information, visit www.ibwales.com.
Contact:
Spring, O’Brien
April Nichols or John Mulqueen
212-620-7100