Xenonics Awarded $1 M in Purchase Orders
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This news is classified in: Defense Contracts Navy

Sep 30, 2014

Xenonics Awarded $1 M in Purchase Orders

XENONICS HOLDINGS, INC. (OTCQB:XNNH) announced today that it has been awarded purchase orders valued at approximately $1 million primarily from the U.S. Navy for its NightHunter high-intensity illumination devices.

The initial shipment of approximately $425,000 was completed in September. The balance of the orders is expected to ship in October.

"We expect significant additional orders from military and international customers in the weeks and months ahead," said Chairman Alan Magerman.

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