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Ondas receives $68M order under $140M strategic military engineering program

Ondas (ONDS) announced it has received an order valued at approximately $68 million for the delivery of heavy engineering vehicles under the previously announced $140 million strategic procurement program awarded to its subsidiary, INDO Earth Moving Ltd. The order represents the first phase of execution of the multi-year program, with initial deliveries expected in Q4 2026. Additional follow-on orders, including long-term maintenance agreements and fleet expansion, are expected over the coming years.

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