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- 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, XTEK has received $17.6 million in ballistic armour orders and $22.7 million in total group orders
- Shares in XTEK are up 8.47 per cent and trading at 32 cents at midday AEST
Defence specialist XTEK (XTE) has received 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.
“This new $9.5 million order to quickly supply a regional customer with our high-performance body armour products is a further illustration of the group’s ability to support our customers’ priority operational demands with little to no notice,” CEO Scott Basham said.
“XTEK’s HighCom production teams have been working around the clock now for months to manufacture our highly sought-after specialist ballistic products, and we continue to be very deeply engaged with many international customers to help them solve their urgent ballistic armour supply requirements.”
The ballistic helmets are designed to be high performing yet lightweight.
According to XTEK, they are tested against multiple scenarios including critical impact and trauma to ensure maximum protection against a range of threats.
Meanwhile, XTEK’s armour has also been tested across a range of scenarios to ensure maximum protection for the wearer.
Both the helmets and armour are in use by the military and law enforcement as well as federal and state governments across the globe.
Since March 1, 2022, XTEK has received $17.6 million in ballistic armour orders and $22.7 million in total group orders.
XTEK said it was continuing to pursue large local and international supply opportunities.
Shares in XTEK were up 8.47 per cent and trading at 32 cents at midday AEST.
