CPS Technologies announces follow-on HybridTech Armor panel purchase order

CPS Technologies announced it received an additional follow-on purchase order, valued at $1.4M, for HybridTech Armor panels from Kinetic Protection, the U.S. Navy’s prime contractor. The panels are an integrated component of advanced ballistic shields developed in support of protection system upgrades on Naval Aircraft Carriers. This recent purchase order, an exercised option on Kinetic’s contract with the Department of Defense, will equip additional ships with enhanced ballistic protection for crew-served weapons stations. “This additional follow-on order from Kinetic Protection ensures the enhanced ballistic protection that our combined technologies offer will continue to be outfitted on U.S. Naval Carriers,” said Chuck Griffith, acting President and CFO. “We are proud to be part of such an important program protecting our service personnel. The CPS team remains actively engaged with our partners at Kinetic to pursue further expansion of our maritime ballistic product offerings across the U.S. fleet and beyond.”