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Ondas Receives $56 Million Order in Precision Strike Business for Electronic Safe & Arm Devices Supporting European Loitering Munition Program
Source: Newswire
Infrastructure & DefenseCompany FundamentalsM&A & Restructuring
Ondas received its first Electronic Safe & Arm Device order since its acquisitions of GATE Technologies and Bron Technologies. The order is supported by Ondas' production operations in Poland; the company says it is building a precision-strike technology stack spanning platforms, navigation, mission systems, propulsion and weapon components. No order value or delivery timeline was provided.
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