Scott Basham resigns as Group CEO of HighCom Scott Basham, Group CEO of ASX-listed defence business HighCom Group — known as XTEK until November last year — has tendered his resignation to the board. “It’s been a tremendous privilege to lead and work with such a great group of people over that time all around…
The defence contractor formerly known as XTEK has begun trading on the ASX under its new name, HighCom. In a statement on Wednesday, the company said that the change of name had been processed by the Australian Securities and Investment Commission. Its ASX ticker code has gone from XTE to HCL. The changes follow shareholders…
XTEK has won a $1.6 million order for specialist ballistic armour from a European customer that had purchased $2.6 million in armour in July.
Ballistic armour and drone technology manufacturer XTEK continues to ride rising global insecurity, reporting another big jump in revenue in FY23. XTEK reported profit after tax of $6.1 million, up seven percent, on revenue up 54 percent to $89.4 million for the year. EBITDA profit was $10.9 million with the company ending the year with…