Chemring Group PLC Overview
1.1.1 Company Overview
Company Headquarters: Romsey, UK
Founded: 1905
Workforce: ~2,500
Company Working: Chemring Group PLC specializes in the development of high technology products. It operates in three strategic product segments—countermeasures, sensors and energetic. It delivers high-reliability solutions to protect people, platforms, missions, and information against constantly changing threats. Through its sensors segment, it develops, manufactures, and sells IED detection equipment; chemical and biological threat detection equipment; IED electronic countermeasures; network protection technologies; and explosive ordnance disposal equipment. It has production facilities in seven countries, and meets specific customer requirements in defense and security markets in more than sixty countries worldwide.
Strategy
Chemring Group PLC is leveraging its business opportunities in Asia-Pacific. It is also engaged in the development of innovative products on the handheld counter IED front to increase its global market share. It is also focused on strategic acquisitions and partnerships with other players in the value chain to offer combined services.
