ERJ staff report (DS)
London - Earlier this month Avon Rubber PLC said a legal protest may delay deliveries of M61 filter to the US military. Avon now ways the protest has been withdrawn, which means deliveries can go ahead.
In a statement, Avon said, â€œIn our Interim Management Statement of 2 February 2012 we advised that a contractual protest to the US Department of Defense (DoD) by one of the losing bidders for the five year contract for the M61 filter awarded to Avon would delay the exact delivery dates for an initial order worth $2.5m.â€
It continued, â€œWe have been informed by the DoD that this protest has now been withdrawn and we are able to proceed with the execution of delivery orders under that contract.
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Press release from Avon Rubber