BUZZ-Australia's XTEK up on $1 mln ballistic armour order

Reuters

2023/10/18

** Shares of ballistics and technology firm XTEK Ltd

rise as much as 4.2% to A$0.495

** Says its HighCom Armour Solutions Inc business has received a follow-on order to supply high-end ballistic body armour products worth A$1.6 mln ($1.02 mln)

** Says shipment will be delivered over coming weeks

** Stock down ~22.1% YTD, as of last close

($1 = 1.5681 Australian dollars)

(Reporting by Upasana Singh in Bengaluru)

((Upasana.Singh@thomsonreuters.com))

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