BUZZ-Australia's BluGlass hits nearly 2-month high on US defense contract

Reuters
03/09
BUZZ-Australia's BluGlass hits nearly 2-month high on US defense contract

** BluGlass BLG.AX jumps as much as 10.6% to A$0.365, highest since January 14

** Semiconductor manufacturer enters A$1.25 million ($870,250) multi-phased development programme

** Says programme to develop advanced systems, services across commercial, military, business aviation sectors for U.S.-based customer

** YTD, BLG gains 44.7%

($1 = A$1.4364)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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