XCEL receives in major development orders for £369k Prime Multi-National company
XCEL Power Systems Ltd are pleased to announce that they have been awarded contracts to design Power Supply Units, for a defence related products, from a prime Multi-National company..
These contracts are both for new systems and XCEL is pleased to be in the forefront of this activity.
The development phase of these units is due to be completed in 2014 and we expect production orders for these units to be placed in 2014 with LRIP due to commence in 2015.
Commenting on the new order, Richard Weller, Managing Director of XCEL Power Systems stated ‘This prime Multi National Company has been a major customer to XCEL for some considerable while, and it is refreshing to see an upturn in business in these ‘hard times’ These contracts mark the first new design and development opportunity in one of the areas for some while and XCEL is very pleased to have had the opportunity to bid on, and win, this contract.
For further information please contact Xcel Power Systems:
Tel: +44 1233 656800