IN BRIEF: Pennant wins first conversion services contract

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Pennant International Group PLC - Cheltenham, England-based provider of systems support, technical services and training with focus on defence sector - Wins first contract for its new conversion services capability, which it launched earlier this month, from an unnamed ‘North American military customer.’ Says the contract will support the conversion of unstructured legacy documentation, including PDF, Word and scanned files, into ‘fully compliant S1000D data modules’. ‘This first win validates Pennant’s investment in scalable, standards?compliant conversion services and reinforces growing customer demand to modernise legacy technical data in support of digital sustainment and through?life support strategies,’ the company says. Also notes that Siemens AG has highlighted their partnership, through which Pennant’s Auxilium - GenS solution is now part of the Siemens Teamcenter ecosystem via a global reseller agreement, in a recent blog article.

Current stock price: 23.28 pence, up 16% on Tuesday in London

12-month change: down 22%

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