XTEK: Receives $9.5m order from undisclosed customer

XTEK Receives $9.5m order from undisclosed customer

  • Defence specialist XTEK (XTE) receives a $9.5 million purchase order for the supply of its HighCom body armour and ballistic helmets to an undisclosed customer
  • The order is expected to be shipped and delivered to the customer in the coming weeks
  • The products are designed to ensure protection across a range of scenarios and are used by the military and law enforcement and federal and state governments across the globe
  • Since March 1, 2022, the company has received $17.6 million in ballistic armour orders and $22.7 million in total group orders
  • Shares in XTE K are up 8.47 per cent and trading at 32 cents at midday AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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