ENXTPA:EXENSAerospace & Defense
Is Exosens (ENXTPA:EXENS) Locking In Theon To Cement Its Defense Moat Through 2030?
Exosens and Theon International recently extended their long-term commercial agreement for image intensifier tubes by three years to 2030, converting 2027–2028 options into firm orders and lifting annual supply volumes to address persistent global shortages.
This extension, which allows Theon to procure over 400,000 tubes in five years, deepens Exosens’ role as a preferred defense supplier and supports ongoing capacity investments and technology upgrades in a structurally constrained...