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XTEK Limited ( (AU:HCL) ) has shared an update.
HighCom Limited has announced significant advancements in expanding its global procurement channels and strategic partnerships. The company’s U.S. subsidiary, HighCom Armor, has secured multiple procurement vehicles, enhancing access to government buyers and advancing to the final stage for a major international body armor supply initiative. Additionally, HighCom has partnered with Bodd Technologies to improve body armor fit and protection and formalized a reseller agreement with MyDefence. These developments position HighCom as a preferred global supplier, supporting its transition from a niche supplier to a globally recognized manufacturer, and are expected to strengthen its sales pipeline and international profile.
The most recent analyst rating on (AU:HCL) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on XTEK Limited stock, see the AU:HCL Stock Forecast page.
More about XTEK Limited
HighCom Limited is a company operating in the defense industry, focusing on the manufacture and integration of armor and technology solutions. Its primary products include body armor and uncrewed aerial systems, with a market focus on defense and security sectors globally.
Average Trading Volume: 307,857
Technical Sentiment Signal: Sell
Current Market Cap: A$27.21M
See more data about HCL stock on TipRanks’ Stock Analysis page.