Westminster Group PLC – New $3.48m USD Contract Award – Asia

Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, is pleased to announce that its Technology Division has been awarded a contract for the provision of advanced container screening solutions to two separate ports in an Asian country. 

The contract, which has been under negotiation for several months, entails the provision of advanced screening of containers at two ports in Asia.  

The project will commence as soon as export licencing has been granted. Under the contract circa $3.05m relates to the supply and installation of the systems, which are expected to be largely delivered during Quarter 4 2019, and circa $430k relates to maintenance services over the next two years.

Commenting on the contract award Peter Fowler, Chief Executive of Westminster Group, said: 

“I am delighted to be able to announce this latest new contract award for large scale screening solutions, which has been secured after a prolonged period of negotiations. 

“Having recently delivered the remainder of the $4.5m USD vehicle screening contract in the Middle East, which the Company secured in 2018, this latest award for container screening at two ports in Asia is a testament to Westminster’s expertise and global reach. 

“We have commenced 2019 on a strong note ahead of budget and this latest award underpins our expectations for the year. 

“Security of ports, like airports, is a high priority for governments around the world and Westminster have been developing wide ranging solutions covering various aspects of port and airport security. This contract is one of several large-scale projects we are currently negotiating in different parts of the world.”