II-VI Wins Multi-Year Pacts for Sapphire Windows on F-35

II-VI Incorporated IIVI today announced an agreement between its subsidiary Exotic Electro-Optics and Lockheed Martin LMT for two multi-year purchasing agreements. Financial terms of the agreements were not disclosed. The first is for Lockheed Martin's F-35 Electro-Optical Targeting Sensor (EOTS) and the second is for Lockheed Martin's Sniper Advanced Targeting Pod (ATP). Purchase orders from this agreement will be reflected as bookings based on the II-VI bookings policy of reporting customer orders received that are expected to be converted into revenues during the next 12 months.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsAerospace & DefenseIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!