Mobix Labs (MOBX) announced it has begun delivering filtered connector parts that are used in the U.S. Navy’s Tomahawk Cruise Missile. Financial details were not disclosed. According to a recent article in Newsweek, the U.S. has thousands of Tomahawk missiles in its arsenal and in vessels deployed around the world. The Tomahawk cruise missile is a long-range precision weapon launched from the U.S. military’s ships and submarines. It can “strike targets precisely from 1,000 miles away, even in heavily defended airspace,” according to the missile’s manufacturer, defense giant Raytheon. The Company is excited to announce another defense industry program using its components as a result of its M&A growth strategy. The Company will continue to engage in additional accretive M&A activities that will increase its access to additional marketplaces and industry verticals.
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