XTEK Limited ( (AU:HCL) ) has issued an update.
HighCom Limited has secured a new order worth A$3 million to supply high-end ballistic products to an international customer, with delivery scheduled for the second half of the fiscal year 2025. This order highlights HighCom’s strong market position and reputation for delivering superior ballistic solutions amidst a complex geopolitical climate, reinforcing its role as a trusted partner in the defense industry.
More about XTEK Limited
HighCom Limited, listed on the ASX under the ticker HCL, operates through its two main divisions: HighCom Armor and HighCom Technology. HighCom Armor specializes in designing, manufacturing, and supplying advanced ballistic protection products, including body armor, ballistic helmets, and composite armor panels, primarily serving military, law enforcement, and first responder clients globally. HighCom Technology provides Australian Defense and Security Agencies with cutting-edge uncrewed aerial systems and sensor payloads, along with comprehensive program management, systems integration, and logistics support services.
YTD Price Performance: 30.30%
Average Trading Volume: 61,252
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$22.08M
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