XTEK wins ADF contracts worth $2m

Image credit: www.xtek.net

Australia’s homeland security specialist XTEK Limited has been awarded a number of Australian Defence Force (ADF) purchase orders valued at $2 million.

Image credit: www.xtek.net
Image credit: www.xtek.net

XTEK said the contract covers the manufacture and supply of components and ancillary parts for the Blaser Tactical 2 Long Range Weapons System, a long range precision rifle used by the ADF.

“Under the contracts, XTEK will upgrade the existing fleet of weapons, supply additional weapon systems and provide spare parts for the total fleet of weapons,” XTEK told the ASX.

XTEK Chairman Uwe Boettcher said the ADF orders position the company as a leader in the design and manufacture of value added security and tactical components and systems for Australian Law Enforcement and Military Agencies.

“These orders demonstrate the commitment of XTEK and its suppliers to increasing Australian Industry Content to deliver world-class solutions to the ADF and other security forces in this country,” Mr Boettcher said.

“The 2017 financial year is shaping up to be a period of growth for our Company and we are anticipating further contract wins in the coming months.”