Chemring to acquire Landguard for £20m.

Chemring, a global business providing a range of advanced technology products and services to the aerospace, defence and security markets, agreed to acquire Landguard, a software defined radio systems and associated security products manufacturer, for £20m. "The acquisition of Landguard further enhances Roke's significant operational capabilities and is further evidence of Chemring delivering its strategy of delivering growth through a combination of organic investment and bolt-on acquisitions in high-priority defence and national security markets," Michael Ord, Chemring CEO.