Pennant can trace its origins back to the late 1950s when it was established to supply the RAF with training systems for aircraft maintenance engineers. In 1991 Pennant was acquired by a company controlled by Christopher Powell, the current Chairman and shortly afterwards Joe Thompson joined the Group as Chief Executive. Following this the Group underwent a period of consolidation, focussing on core strengths in military simulation and training systems. In March 1998, Pennant was floated on AIM and raised funds to increase working capital as the company expanded its operations and invested in product development. In December 1999 Pennant acquired four businesses from the administrator of Solvera plc. The acquired businesses added capabilities in Data Services - the provision of electronic technical documentation, support products and computer based training - and Software Services - supportability engineering software, networks and e-business. As well as having some overlap with Pennant's existing customers they also introduced a significant customer base outside the defence market as well as a North American business with operations in Los Angeles, USA, and Ottawa, Canada.
Industry | Services |
Business Type | Service Provider |
Establishment Year | 1999 |
Firm Type | Public Ltd. |
Expand Level | National |
We Are Services Provider Of Cartographic and Draughting Services, Consultancy and Analysis, Customer Product and Support, Information Systems, Supportability Engineering Software, Technical Data Services, Training Services, Training Systems.
2-10 Cawte Road,
Southampton
Hampshire, SO15 3TD () - (United-kingdom)
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