Sparks commentary - Theon International

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Sparks - Theon International

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Theon (ASX:THEON) announces framework agreement and order
Published by David Larkam

Theon has signed a long term supply framework agreement for Night Vision binoculars, monoculars and the new IRIS-C Thermal Clip-on worth more than €300 million. The key delivery period 2026-2028. Theon has also signed a Thermal Sights order from an Asian customer, adding €32 million to soft backlog. At the H125 order book stood at €622.2m with an additional €378.2m of contractual options.

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