Chemring stock rises after acquiring Landguard Nexus for up to £20m

Published 30/06/2025, 09:24
© Reuters.

Investing.com -- Chemring Group (LON:CHG) stock gained 1.6% after announcing the acquisition of Landguard Nexus Limited for up to £20 million, bolstering its electronic warfare capabilities.

The defense technology company will pay £14 million in cash upfront, with an additional £6 million in potential earn-outs subject to performance criteria. The acquisition was made through Chemring’s Roke subsidiary and is expected to complement its Cyber and Electromagnetic Activities (CEMA) product offering.

Landguard specializes in designing, manufacturing, and supporting software-defined radio systems (SDRs), including tracking products across satellite, cellular, and radio frequency communication networks. The current owner-managers are expected to remain with Chemring following the acquisition.

Jefferies analysts commented on the deal: "We view Chemring’s announced acquisition of Landguard Nexus as strategically sensible, purchasing a company that is part of its existing supply chain for EW products, whilst also providing market opportunities in its own right."

The acquisition represents Chemring’s strategic move to strengthen its position in the electronic warfare market by integrating a key supplier into its operations while expanding its technological capabilities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.