Chemring has several subsidiaries, but none of them has much to do with chemicals or rings. The company is largely about aerospace and defense countermeasures and marine and military electronics and pyrotechnics. The company's two segments -- Energetics and Countermeasures -- serve market segments including pyrotechnics, explosive ordnance disposal (EOD), munitions, and expendable countermeasures. Primary products include air, land, and naval countermeasures that defeat incoming missiles; marine safety electronics and pyrotechnics, such as emergency beacons, radios, and emergency flares; and military pyrotechnics used for training purposes. Chemring's subsidiaries are located throughout the world.