Night vision equipment maker Exosens jumps on Czech Army deal

Exosens SA

29/06/2026 09:02

** Shares in defence company Exosens EXENS.PA rise around 3.4%, tracking best intra-day move in a month, after the French firm won long-term supply contract for Czech Armed Forces
** TP ICAP analysts estimates in a note the order's value at roughly 40 million euros ($46 million) "spread over six years", calling it a "limited contribution" at a group level
** The sensors and optics maker said on Monday that it had secured a contract to supply the Czech Army with roughly 17,000 image-intensifying equipment through 2032
** "The key takeaway is improved backlog visibility, with no acceleration in revenue growth as the model remains constrained by production capacity", TP ICAP analysts say 
** The broker adds the contract reflects broader defence trend of mid-sized, multi-year programmes that increase and stabilise demand, as night vision equipment for infantry remains largely independent from technology cycles such as for drones    
** Should Monday's rise hold, the stock will gain 15.6% YTD


($1 = 0.8767 euros)

 (Reporting by Mateusz Rabiega)
 ((Mateusz.rabiega@thomsonreuters.com))