On Friday, Westminster Group PLC announced securing a contract valued at $300,000 to provide entry-screening solutions to an unnamed client in the United States.
The U.K.-based security services firm disclosed that the agreement was made with an existing international client, though the company’s identity remains confidential.
The shares in the company rose 3%.
The recent contract is connected to a series of agreements made in October, which had a collective value exceeding $1.2 million. These deals were aimed at delivering security services to various high-profile locations within the U.K.
Westminster Group’s business involves designing and supplying security and safety solutions to governments and organizations worldwide.
The financial impact of the new contract on Westminster Group’s revenue stream is expected to be positive, contributing to the company’s growth in the international security services market.
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