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IPG Photonics Bags ~$10M Order From Lockheed Martin For Delivery Of CROSSBOW High-Energy Laser Counter-UAS Defense Systems; Delivery Expected Over Next Several Quarters

Benzinga Newsdesk 8 months ago

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IPG Photonics, the global leader in fiber laser technology, announced today that it has received an order from Lockheed Martin Corporation for the delivery of its CROSSBOW™ high-energy laser counter-UAS

IPG Photonics, the global leader in fiber laser technology, announced today that it has received an order from Lockheed Martin Corporation for the delivery of its CROSSBOW™ high-energy laser counter-UAS defense systems. The order is valued at approximately $10 million and is expected to be delivered over the next several quarters.

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