Pennant training systems division wins £0.6m contract

(Sharecast News) - Pennant International Group said on Monday that it has secured a £0.6m contract within its training systems division to supply a part-task trainer for technical training in the nuclear sector, further strengthening revenue visibility for the year ahead. The AIM-traded systems support software and training solutions group said the order took total new wins in training systems to more than £10m since the publication of its interim results in September, fully converting the £10m short-term pipeline disclosed at that time.

It said the latest contract contributed to order book coverage of around 80% of market expectations for 2026 revenue, which stood at £13m.

At 0936 GMT, shares in Pennant International Group were up 4.55% at 20.91p.

Reporting by Josh White for Sharecast.com.