tiprankstipranks
nLight announces expansion of HELSI contract award to $171M
The Fly

nLight announces expansion of HELSI contract award to $171M

nLIGHT “announced the award of additional options that more than double the previously-announced contract to produce a High Energy Laser prototype as part of the second phase of the DoD’s Office of the Under Secretary of Defense, Research & Engineering High Energy Laser Scaling Initiative, or HELSI. The original phase two award announced in May 2023 was for $86 million, and the exercise of the additional options announced today brings the total value of the award to nLIGHT to $171 million.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles