XTEK Limited (ASX:XTE) has received a purchase order from the Australian Defence Force (ADF) for the supply of extra AeroVironment WASP AE Small Unmanned Aerial Systems (SUAS). The order is in furtherance to the ongoing SUAS supply contract to the ADF and is worth A$2.8 million. The delivery would be made in FY2021. The order reflects a strong relationship of the company with ADF.
At AEST 12:13 PM, XTE shares are trading at A$0.850, up A$4.294 from the previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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