XCEL receives Development and Production orders for £1M60K from Prime Multi-National Company
DATE RELEASED: DATE 25th August 2014
XCEL Power Systems Ltd are pleased to announce that they have been awarded a development and production contract for a defence related products, from a prime Multi-National company..
These contracts are for a new product in an expanding and rapidly growing market sector and XCEL are very pleased to be involved with both the product and with our customer.
The development of this product is expected to continue into 2015 with production deliveries scheduled to start later 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 a continued level of business in these ‘hard times’ This contract is is extremely important to XCEL and continues to further our relationship with this major customer