tiprankstipranks
Advertisement
Advertisement

JFB Construction announces XTEND secured contract with IMOD for $1.67M

JFB Construction (JFB) announces that XTEND has secured a contract with the Israeli Ministry of Defense, IMOD, to supply drone systems and services, with a total contract value of approximately $1.67M. Delivery is expected during 2026. “This agreement reflects the evolving needs of modern defense forces for systems that can be quickly deployed and used in operational environments,” said Aviv Shapira, Co-founder and CEO of XTEND. “XTEND is currently engaged with multiple defense customers across 30 countries, with additional contracts anticipated in 2026 , including larger-scale programs.”

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1