Defence Finance Monitor

Defence Finance Monitor

Penman Engineering (UK) – Strategic-Technological Analysis

Feb 03, 2026
∙ Paid

The United Kingdom’s Penman Engineering (now part of Martin Williams Group) is a niche armored vehicle manufacturer founded in 1859, based in Dumfries, Scotland[1]. Penman’s core proposition lies in bespoke light armoured and cash-in-transit (CIT) vehicles and ballistic protection systems, tailored primarily for defense, security, and specialized civili…

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