Chemring order book increasing
Wiltshire-based Chemring group’s trading in the period to September progressed as planned, despite the challenging macro-economic environment in which we continue to operate, the company said. 

The group has received a number of significant orders during the period. As at 30 September, the order book was £678m (30 April 2022: £488m), with £40m of the increase attributable to FX translation arising from the stronger US dollar. 

Order cover for FY23 is building, with Countermeasures & Energetics having 93% order cover of expected revenue and the shorter cycle Sensors & Information sector having 60% cover.

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