FINWIRES · TerminalLIVE
FINWIRES

nLight Wins Laser Weapon Contract From US Department of Defense

By

nLight (LASR) has won a contract from the US Department of Defense to deliver high-energy laser weapon systems, supporting the agency's cruise missile defense architecture, the company said Thursday.

The initial award is valued at $44 million, with a maximum value of $627 million, the company said.

nLight will initially build prototypes rated at around 150 kW to address urgent operational demands and scale subsequent iterations to reach a 300 kW to 500 kW threshold for robust cruise missile defense, it said.

Shares of the company were up 23% in Thursday afternoon trading.

Price: $72.38, Change: $+13.70, Percent Change: +23.35%

Related Articles

Wire

Republic Power Group Regains Nasdaq Minimum Bid Price Compliance

Republic Power Group (RPGL) regained compliance with the Nasdaq Stock Market minimum bid price requirement.Nasdaq has closed the matter, the company said Wednesday in a statement.Republic Power shares jumped 34% in after-hours trading.

$RPGL
Wire

Byrna Technologies to Acquire HERO Defense Systems for $1.25 Million in Cash, Stock

Byrna Technologies (BYRN) agreed to acquire HERO Defense Systems $1.25 million in cash and stock, adding compact everyday-carry personal defense products to its lineup.The consideration includes $625,000 in cash, $625,000 in restricted shares, and a performance-based royalty tied to future net sales of HERO products, Byrna said Wednesday in a statement.The transaction is expected to close within 30 days.Byrna shares rose 4.9% in after-hours trading.

$BYRN
Wire

Ampco-Pittsburgh Reports Higher Customer Order Activity for H1

Ampco-Pittsburgh (AP) said Wednesday its customer order activity in the first half of 2026 totaled about $268 million, up from $204 million in the same period a year earlier.Customer order activity in the company's Forged and Cast Engineered Products segment rose 25% in the first six months of 2026, while Air and Liquid Processing experienced 42% growth year over year, according to a statement.Shares rose more than 15% in after-hours trading.

$AP