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Lakeland Fire + Safety Selected for National Firefighter PPE Framework in the United Kingdom

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(Positive)
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Lakeland Fire + Safety (NASDAQ: LAKE) announced an intended multi-category award under the UK NFCC National Firefighter PPE Framework, subject to final contract execution.

The seven-year framework has a potential value up to £220 million across all suppliers and includes Eagle-brand turnout gear, hoods, gloves and Jolly-brand boots.

Lakeland is one of seven suppliers selected, with no guaranteed purchase volumes. The award supports its strategy to offer integrated, head-to-toe firefighter PPE and expand in the UK market.

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Positive

  • Selected as one of seven suppliers in £220 million UK PPE framework
  • Intended award spans turnout gear, hoods, gloves and boots across two brands
  • Framework runs up to seven years, creating long-term sales opportunities
  • Full technical compliance and strong logistics, supply chain and fulfillment performance
  • Supports strategy to build broader, multi-category fire services platform
  • Builds on recent NFPA 1970:2025 certifications across multiple PPE categories

Negative

  • Award remains subject to final contract execution
  • No minimum purchase volumes guaranteed under the framework
  • Suppliers must compete for contracts with UK fire and rescue services

News Market Reaction – LAKE

+1.58%
+1.58% Session close to close

In the Jun 4 session, LAKE gained 1.58%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds a significant commercial opportunity, as Lakeland’s Eagle subsidiary received...
Analysis

This announcement adds a significant commercial opportunity, as Lakeland’s Eagle subsidiary received an intended multi-category award under the NFCC National Firefighter PPE Framework, which has a total potential value of up to £220 million over 7 years across seven suppliers. Combined with recent certified product launches and international order wins, it reinforces management’s push toward a broader fire services platform. Investors may watch how much business is actually captured under the framework and how it contributes to margins, given prior pressure highlighted in recent results.

Key Figures

Framework value: £220 million Framework term: 7 years Selected suppliers: 7 suppliers +2 more
5 metrics
Framework value £220 million Total potential value of NFCC PPE Framework across all suppliers over term
Framework term 7 years Duration of NFCC National Firefighter PPE Framework
Selected suppliers 7 suppliers Lakeland is one of seven suppliers selected to participate
Standard certification NFPA 1970:2025 Certification standard cited for boots, gloves, hoods and turnout gear
Price change -4.11% LAKE 24-hour move prior to this news

Historical Context

5 past events · Latest: Jun 02 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 02 LATAM orders Positive -3.2% New and follow-on structural fire and rescue gear orders across Latin America.
May 27 Earnings call date Neutral +1.3% Announcement of date and time for fiscal Q1 2027 results conference call.
May 20 US fire gear order Positive -1.9% Head-to-toe fire gear delivery to Whitfield County Georgia Fire Department.
May 07 Germany restructuring Positive +12.6% LHD Germany operational shift to 3PL and leadership changes with cost savings.
Apr 16 FY26 earnings Neutral +25.6% FY26 results with strong Fire Services growth but weaker margins and net loss.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent operational and commercial wins often saw mixed reactions: two positive order/commercial releases were followed by price declines, while a restructuring update and earnings produced strong gains.

Recent Company History

Over the past few months, Lakeland reported several growth and optimization milestones. On Apr 16, FY26 results showed net sales of $45.8M for Q4 and $192.6M for FY26 with 49% Fire Services growth, but weaker margins and a ($25.3M) net loss; shares rose 25.56%. A May 7 update on LHD Germany’s restructuring and expected $300,000 annual savings lifted the stock 12.56%. More recently, positive fire gear orders in Whitfield County and Latin America on May 20 and Jun 2 coincided with declines of 1.87% and 3.22%, framing today’s UK framework win against a backdrop of uneven reactions to growth news.

Key Terms

personal protective equipment, structural turnout gear
2 terms
personal protective equipment technical
"a comprehensive PPE supplier to UK Fire and Rescue Services"
Personal protective equipment (PPE) are items like masks, gloves, gowns, respirators, face shields and safety goggles that protect workers from physical, chemical or biological hazards. For investors, PPE matters because demand, supply and regulatory requirements affect company costs, revenues and operational continuity — think of PPE as seatbelts and airbags for workplaces: they reduce risk and can influence a company’s financial performance and reputation.
structural turnout gear technical
"intended award covers structural turnout gear, hoods, gloves, and boots"
Structural turnout gear is the protective clothing firefighters wear when fighting building fires—think of it as a modern suit of armor that includes a heat- and flame-resistant coat and pants, helmet, gloves, boots and a hood designed to shield against heat, water and hazardous materials while working inside structures. It matters to investors because demand and pricing are tied to public safety budgets, regulatory certifications, replacement cycles and liability concerns, so product performance and certifications can drive steady revenues and market share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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£220 Million Multi-Category Award Framework Positions Lakeland as a Comprehensive PPE Supplier to UK Fire and Rescue Services

Intended Award Covers Structural Turnout Gear, Hoods, Gloves, and Boots Across Lakeland’s Eagle and Jolly Brands

Framework Creates Long-Term Opportunity to Support Fire and Rescue Services Across the UK

HUNTSVILLE, Ala., June 04, 2026 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its Eagle Technical Products subsidiary has received notification of an intended award across multiple product categories under the National Fire Chiefs Council (NFCC) National Firefighter PPE Framework in the United Kingdom. The award remains subject to customary conditions, including final contract execution.

The NFCC National Firefighter PPE Framework is a nationally coordinated procurement program supporting fire and rescue services across the UK, with a total potential value of up to £220 million over a seven-year term across all awarded suppliers. Lakeland is one of seven suppliers selected to participate.

No minimum purchase volumes are guaranteed under the framework, and participating suppliers will have the opportunity to compete for contracts with fire and rescue services throughout the UK over the term of the agreement. Lakeland expects to participate in onboarding and implementation activities following finalization of the framework agreement.

Lakeland’s intended award includes structural turnout gear, firefighter hoods and gloves under the Eagle brand, as well as firefighter boots under the Jolly brand, positioning the Company as a multi-product supplier within the framework and reinforcing the breadth of its integrated Fire + Safety portfolio.

The intended award builds on recent Lakeland Fire + Safety momentum, including the April 2026 launch and NFPA 1970:2025 certification of the Lakeland FireFlex Elite-L 100 Structural Firefighting Boot, as well as additional NFPA 1970:2025 certifications across gloves, hoods, helmets, structural turnout gear, and proximity gear. Together, these developments reflect Lakeland’s continued execution of its strategy to build a broader, multi-category fire services platform serving first responders across key global markets.

“We believe this outcome reflects the strength of our product portfolio and our ability to compete across multiple categories within the global fire market,” said Jim Jenkins, President and Chief Executive Officer of Lakeland Fire + Safety. “Securing an intended award in turnout gear, hoods, gloves and boots underscores the value of our multi-brand strategy and the long-term investments we have made to deliver head-to-toe protection for first responders. We view the United Kingdom as an important strategic market and believe this framework provides a meaningful platform for sustained growth in the region.”

The evaluation process included detailed assessment across quality, technical compliance, innovation, site operations and pricing. Eagle achieved full technical compliance and demonstrated strong performance in logistics, supply chain resilience and order fulfillment.

Kevin Rae, Executive Vice President, EMEA Fire Sales added, “We have already begun engaging with fire brigades across the UK and are encouraged by the early interest. Our team is focused on supporting departments with high-quality, reliable PPE solutions as the framework moves into implementation, and we look forward to building lasting partnerships with the services we are privileged to support.”

About Lakeland Fire + Safety

Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. In addition, we provide decontamination, repair and rental services that complement our fire services portfolio. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our authorized distributors supply end users across various industries, including integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high-tech electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, including fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mix of end-users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Commonwealth of Independent States (“CIS”) Region, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.

For more information about Lakeland, please visit the Company's website at www.lakeland.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

This press release contains estimates, predictions, opinions, goals and other "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company's predictions or expectations of future business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects, and management's expectations for earnings, revenues, expenses, inventory levels, capital levels, liquidity levels, or other future financial or business performance, strategies or expectations, including without limitation our M&A strategy and tariff mitigation plans. All statements, other than statements of historical facts, which address Lakeland's expectations of sources or uses for capital, or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in press releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. As a result, there can be no assurance that Lakeland's future results will not be materially different from those described herein as "believed," "projected," "planned," "intended," "anticipated," "can," "estimated" or "expected," or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which such statement is based, except as may be required by law.

Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
LAKE@mzgroup.us
www.mzgroup.us


FAQ

What did Lakeland (NASDAQ: LAKE) announce about the UK National Firefighter PPE Framework on June 4, 2026?

Lakeland announced an intended multi-category award under the UK NFCC National Firefighter PPE Framework, subject to final contract execution. According to Lakeland, the framework supports UK fire and rescue services and has a potential value up to £220 million across all participating suppliers over seven years.

How large is the NFCC National Firefighter PPE Framework that includes Lakeland (LAKE)?

The NFCC National Firefighter PPE Framework has a potential value of up to £220 million over seven years. According to Lakeland, this value is shared among all awarded suppliers, with no guaranteed purchase volumes, and suppliers compete for contracts with UK fire and rescue services.

Which Lakeland Fire + Safety products are covered by the intended UK PPE framework award?

The intended award covers structural turnout gear, firefighter hoods and gloves under Eagle, plus firefighter boots under Jolly. According to Lakeland, this positions the company as a multi-product supplier within the framework, reinforcing its integrated Fire + Safety portfolio for head-to-toe protection.

What does the UK PPE framework opportunity mean for Lakeland (LAKE) shareholders?

The framework creates a long-term platform to pursue PPE orders from UK fire and rescue services. According to Lakeland, it aligns with the strategy to build a broader, multi-category fire services platform and expand in the United Kingdom, though no purchase volumes are guaranteed.

Are there any conditions attached to Lakeland’s intended UK NFCC PPE framework award?

Yes, the intended award remains subject to customary conditions, including final contract execution. According to Lakeland, no minimum purchase volumes are guaranteed, and participating suppliers must compete for individual contracts with UK fire and rescue services throughout the framework’s seven-year term.

How does the UK PPE framework build on Lakeland Fire + Safety’s recent product certifications?

The framework opportunity builds on Lakeland’s recent NFPA 1970:2025 certifications for boots, gloves, hoods, helmets and turnout gear. According to Lakeland, these certifications and the FireFlex Elite-L 100 boot launch support its strategy to offer certified, head-to-toe firefighter PPE across key global markets.