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Theon International Plc ( (NL:THEON) ) has shared an announcement.
Theon International Plc has signed a significant multi-year framework agreement with a European NATO member state for the supply of night vision goggles and IRIS-C Thermal Clip-ons, valued at over €300 million, with execution expected mainly between 2026 and 2028. Additionally, Theon secured a €32 million contract with an Asian customer for thermal weapon sights, highlighting its strategic diversification into digital and thermal products and reinforcing its position as a leader in night vision technology.
The most recent analyst rating on (NL:THEON) stock is a Sell with a EUR24.00 price target. To see the full list of analyst forecasts on Theon International Plc stock, see the NL:THEON Stock Forecast page.
More about Theon International Plc
THEON GROUP of companies develops and manufactures cutting-edge night vision and thermal imaging systems for defense and security applications with a global footprint. Established in 1997 in Greece, the company has expanded internationally with subsidiaries and production facilities in multiple countries, serving armed and special forces in 71 countries, including 26 NATO members. THEON INTERNATIONAL PLC is listed on Euronext Amsterdam.
Average Trading Volume: 253,090
Technical Sentiment Signal: Strong Buy
Current Market Cap: €2.07B
For a thorough assessment of THEON stock, go to TipRanks’ Stock Analysis page.