JFB (NASDAQ: JFB) Announces XTEND Delivery of Tactical Drone Systems Under Defense Contract Valued at Up to $25 Million
JFB Construction Holdings - Class A (JFB)
Company Research
Source: GlobeNewswire
Initial shipment of combat-proven systems delivered under an $8M defense contract (expandable to $25M) with a government defense customer in the Middle East, with production ramp underway to fulfill orders for 5,000 systems and an option for up to 10,000 additional units. TAMPA, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- JFB (NASDAQ: JFB) today announced XTEND’s successful delivery of tactical drones as part of an $8M defense contract, expandable up to $25M overall. The initial contract is for the supplying of 5,000 combat-proven systems with an option for 10,000 more. XTEND is rapidly scaling production to meet urgent operational demands in the Middle East. Next shipment is already in production. The contract reflects the accelerating demand for rapidly deployable robotic systems in modern operational environments. The initial delivery marks the first phase of a broader production program as XTEND continues to scale manufacturing capacity to meet urgent operational requirements.
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JFB
Sec Filings
- 3/4/26 - Form 425
- 3/2/26 - Form 425
- 3/2/26 - Form 4
- JFB's page on the SEC website