Chemring rises as UK unit signs five-year partnership with US contractor

By Reuters News

** Shares of global aerospace and defence products maker Chemring CHG.L up 1.6% at 508 p

** CHG's UK unit Roke Manor Research signs five-year strategic partnership with major US prime contractor

** ROKE receives initial production order worth $16 million, with agreement worth at least $170 mln over five years

** YTD, stock up about 6%

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