XTEK Completes $7.1m FY23 SUAS Spare Parts Order Deliveries to Defence

 Key highlights:

• $7.1m of long lead time SUAS spare parts now delivered to Defence
• Completes last items of previously announced orders of 6 June 2022 and 7 October 2022

Tuesday, 20 June 2023.    XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to announce that it has delivered $7.1m of spare parts to the Commonwealth of Australia’s Department of Defence in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.

These long lead time spare parts and important components relate to orders received from Defence during FY23, which were previously announced to the ASX on 6 June 2022 and 7 October 2022.

Scott Basham, XTEK’s Group CEO, said:

“XTEK is very pleased to be able to continue to provide the Department of Defence with our high-end sustainment support services for their in-service fleet of AeroVironment SUAS. The delivery of these long lead time spare parts and important components, sees the completion of these previously announced orders, and their delivery ensures that our team of engineers, technicians, and logistics support specialists, can continue to fully support this important capability for Defence.”

This announcement has been authorised for release by the XTEK Limited Board of Directors.

General, Investor & Media Enquiries:
Scott Basham, Group CEO,
T: +61 422 014 593
E: scott.basham@xtek.net