Chemring Group PLC Sponsored ADR (CMGMY)
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3 Dividend-Paying Defense Stocks to Buy in February That Yield More Than the S&P 500
The defense industry provides a range of products for national security, from aviation and aircraft to missiles, helicopters, information technology, ships, space defense, and more. Unlike most of the industrial sector, defense stocks tend to be steady performers thanks to their sales cycle, which relies on government contracts and projects with multi-year timelines.
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Chemring Group PLC Sponsored ADR Profile
| Aerospace & Defense Industry | Industrials Sector | Mr. Michael Ord CEO | OTC PINK Exchange | US1638671040 ISIN |
| GB Country | 2,672 Employees | 21 Mar 2025 Last Dividend | 29 Mar 2011 Last Split | - IPO Date |
Overview
Chemring Group PLC is a global company that delivers a wide array of products and services across the defense and security sectors. Operating in key regions such as the United States, the United Kingdom, Europe, Asia Pacific, and internationally, Chemring focuses on providing advanced technology solutions. These include countermeasures, sensors, information products, and energetic devices designed to safeguard military and security force operations. Founded in 1905 and headquartered in Romsey, the United Kingdom, Chemring has established itself as a critical partner for defense and security agencies worldwide, supporting them through sophisticated advisory, research, design, and engineering services.
Products and Services
- Sensors and Information Products: Chemring offers a vast selection of sensors and information devices including chemical detectors, miniature radar altimeters, 3D radars, and systems for mounted detection and ground penetration. These products are essential for battlefield awareness and intelligence gathering. Beyond hardware, Chemring provides integral advisory, research, and engineering services related to these technologies.
- Countermeasures and Energetics: The company specializes in advanced countermeasures such as aerodynamic flares, chaff carts, and various distraction devices, designed to protect military assets from enemy detection and attack. Moreover, Chemring produces energetic materials and components like detonators, explosive bolts, and gas generators, vital for missile and ejection systems. These products play crucial roles in defense operations, ensuring the safety and effectiveness of military tasks.
- Actuation Systems and Propellants: Offering metron actuators, gas generators, igniters, and fuzeheads for precision in deployment mechanisms, Chemring’s products support aerospace and defense applications. Their extruded double base propellant is specifically engineered for ejection systems and rocket motors, highlighting the company’s contribution to propulsion and launch systems.
- Demolition and Disruption Devices: Chemring equips military and law enforcement with tools for breaching operations and neutralizing threats, including a range of disruptors, exploders, and neutralizing kits. These tools are designed for precision and safety in high-stakes environments, emphasizing tactical advantage and operational security.
Contact Information
