HCL 0.00% 13.0¢ highcom limited

Ann: XTEK Limited Investor Update of 16 Oct 2023, page-3

  1. 2,843 Posts.
    lightbulb Created with Sketch. 1936
    This is the new news.

    • XTEK’s HighCom received New A$2.6m Ballistic Armour Order, announced 17 Jul 23. • Purchase Order for international supply of specialist ballistic armour products • Many thousands of individual high-performance items provided • Shipment completed to new undisclosed European customer announced 26 Sep 23 • XTEK’s HighCom received Urgent A$2.2m Body Armour Order, announced 12 Oct 23. • PurchaseOrdertosupplyofspecialistballisticarmourproductsworthA$2.2m • Manythousandsofindividualhigh-performanceitemstobeprovidedfrominventory • Urgentshipmenttobedispatchedtoanundisclosedinternationalcustomer • Negotiatingmultiplesimilarlysizedorders,andsomelargercontracts,inparallel • Potential to consume entire inventory of finished goods • HighCom well placed to support any sustained demand from raw material holdings • These rapid supply deals not included in earlier $300m global opportunities pipeline. • These large orders are additional~A$2m monthly “run rate” bookings received.
 
watchlist Created with Sketch. Add HCL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.