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Contract Wins and Joint Ventures

Ricardo wins order for supercar

13 July 2016 14:28

Ricardo receives £35 million order to supply an advanced dual clutch transmission for a new supercar This multi-year order will see Ricardo Performance Products supply an advanced dual clutch transmission (DCT) that it has designed and developed in collaboration with a leading OEM, for a luxury supercar that will enter production later in 2016 Ricardo has been supplying transmission technology to the niche and high performance automotive market for the past 25 years. Under the order announced today, deliveries of the new DCTs will start later in 2016, and will continue over the life of the vehicle.

At 2:28pm: (LON:RCDO) Ricardo PLC share price was +12.5p at 742.5p

Story provided by StockMarketWire.com

Related Company: RCDO

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