XTEK receives third urgent order for armour in 30 days, citing “heightened global security environment”

XTEK has received a third urgent order for ballistic armour from an unnamed international customer within a month, announcing a $2.15 million order on Monday.

The order takes the total to $8.1 million in sales over the last 30 days for the company’s ballistics division, following previous orders announced on March 7 and March 25. Today’s announcement also included a separate sale worth $200,000 through XTEK’s technology division, also to an undisclosed client.

The ASX-listed defence supplier said it was seeing “significant inbound enquires” to its ballistics business for armour products, which reflected the “heightened global security environment” at the moment.  

This title has speculated that the timing and urgency of recent armour orders suggest these may be on their way to supply Ukrainian forces defending their country from Russian invasion.

“The high-performance ballistics products will be priority shipped to these international customers to meet their urgent operational needs, while the specialist software and hardware products, which have a longer production lead time, will be delivered to a separate client in Q4 FY22,” said XTEK Group CEO Scott Basham in a statement on Monday. 

 “The Group continues to develop additional large supply opportunities for our armour products in particular currently with other international customers, and we expect to make further announcements on the outcome of those projects in due course”.

XTEK designs and manufactures composite products in Australia, with facilities in Canberra and Adelaide, with the latter site housing its patented XTClave high-pressure curing machines (pictured.) 

The  ultra-high-pressure process is used to produce lightweight composite products including armour inserts, helmets, and satellites. 

Picture: www.xtek.net/technology

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