CPS Technologies Announces $1.4M Follow-On HybridTech Armor Panel Purchase Order For US Aircraft Carriers
Portfolio Pulse from Benzinga Newsdesk
CPS Technologies announced a $1.4M follow-on purchase order for HybridTech Armor Panels to be used in US aircraft carriers. This order is expected to strengthen the company's position in the defense sector.
June 20, 2023 | 1:11 pm
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CPS Technologies' $1.4M follow-on order for HybridTech Armor Panels is expected to boost its position in the defense sector and may positively impact its stock price.
The $1.4M follow-on order for HybridTech Armor Panels directly benefits CPS Technologies as it increases their revenue and strengthens their position in the defense sector. This positive news is likely to have a short-term positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100