XTEK Receives New $3.4m Defence SUAS Spare Parts Order

 Key highlights:

• New Defence SUAS spare parts order valued at $3.4m
• SUAS fleet supported under existing multi-year support contract

Wednesday 12 July 2023.     XTEK Limited (ASX: XTE, ‘XTEK’, ‘Group’) is pleased to announce that it has received an order from the Commonwealth of Australia’s Department of Defence for $3.4m for spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.

Scott Basham, XTEK’s Group CEO, said:

“XTEK is very pleased to provide high-end sustainment support services under the existing multi-year support contract we have with the Department of Defence for their in-service fleet of AeroVironment SUAS.

This latest spare parts order ensures that our team of engineers, technicians, and logistics support specialists, will have all of the specialist components at hand to be able to continue to support this important SUAS capability.”

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