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IPG Photonics Corporation (IPGP) Receives an Order From Lockheed Martin Corporation [Yahoo! Finance]

IPG Photonics Corporation (IPGP) 
Last ipg photonics corporation earnings: 2/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ipgphotonics.com
Company Research Source: Yahoo! Finance
IPG Photonics Corporation (NASDAQ: IPGP is one of the best semiconductor equipment stocks to invest in now IPG Photonics Corporation (IPGP) Receives an Order From Lockheed Martin Corporation IPG Photonics Corporation (NASDAQ:IPGP) reported on February 26 that it received an order from Lockheed Martin Corporation for the delivery of its CROSSBOW™ high-energy laser counter-UAS defense systems. Valued at around $10 million, the order is anticipated to be delivered over the next several quarters. Dr. Mark Gitin, Chief Executive Officer of IPG Photonics Corporation (NASDAQ:IPGP), stated that the follow-on order from Lockheed Martin reflects not only the clear demand for deployable directed energy solutions but also the readiness of the company's product. In a separate development, Stifel lifted the price target on IPG Photonics Corporation (NASDAQ:IPGP) to $165 from $92 on February 13, maintaining a Buy rating on the shares. IPG Photonics Corporation (NASDAQ:IPGP) also received a ra Show less Read more
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