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Global uncertainty has led to growing demand for military and homeland security gear produced by a Melksham firm.

Uncertain world leads to record start of year for defence firm

Global uncertainty has led to growing demand for military and homeland security gear produced by a Melksham firm.

Avon Technologies told its AGM – held at its Melksham headquarters – that there had een sustained demand for its CBRN (Chemical, Biological, Radiological, and Nuclear) protection product.

However its US arm, Team Wendy, saw a slower first quarter as the US government shutdown delayed product testing and deliveries, which contributed to lower than expected Department of War and federal revenue in Q1.

CEO Jos Sclater said: ““The first phase of our strategy to enhance operational performance through continuous improvement continues to deliver a stronger, more sustainable business.

“While there is still a lot to do to improve operational efficiency and productivity in our Cleveland facility, the momentum and capability we have built in our people is clear, we are making progress.

“Having stabilised, strengthened and transformed Avon over the last three years, 2026 will see an increased focus on the growth stage of our strategy.

“We are investing across key programmes and new products that will strengthen our competitive position and expand our addressable markets. We are already seeing some promising early results.

“We remain on track to meet or exceed our FY26 financial targets and look forward to sharing the next phase of our strategic development alongside our Interim and Full Year results.”

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Profits surge at Avon Technologies as US military prepares troops for chemical, biological or nuclear attack

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19.11.2024

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