CPS Technologies: Jumps on order for hybrid armor panels

CPS Technologies

03/02/2021 13:11

** Shares of metal-matrix composite components maker
 CPSH.O  surge 29.9% to $9 premarket
    ** Receives purchase order for HybridTech Armor Panels, part
of co's integrated armor system  urn:newsml:reuters.com:*:nGNX3HvWVl
    ** Panels to be installed as the strike face of advanced
ballistic shields to support U.S. Navy CVN class ships
    ** The shields provide ballistic protection for crew-served
weapons stations and the sailors manning them
    ** Up to Tuesday's close, stock up ~149 YTD 
    

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com; +1 646 223 8780))