JFB Announces XTEND Wins Israeli Ministry of Defense Contract to Deploy Operational Drone Systems
JFB Construction Holdings - Class A (JFB)
Company Research
Source: GlobeNewswire
$1.67M Contract Expands XTEND’s Footprint with Israeli Ministry of Defense, Reflecting Growing Demand for Deployable Autonomous Systems in Operational Environments TAMPA, Fla., April 21, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) announces that XTEND, a leader in software systems and artificial intelligence-powered robotics, has secured a contract with the Israeli Ministry of Defense (IMOD) to supply drone systems and services, with a total contract value of approximately $1.67 million (NIS 5 million). Delivery is expected during 2026. “This agreement reflects the evolving needs of modern defense forces for systems that can be quickly deployed and used in operational environments,” said Aviv Shapira, Co-founder and CEO of XTEND. “XTEND is currently engaged with multiple defense customers across 30 countries, with additional contracts anticipated in 2026 , including larger-scale programs.” XTEND’s systems are powered by its proprietary XOS operating system, e
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JFB
News
- JFB Construction Announces 32% Increase in 2025 Year End Revenues as Compared with 2024 Year End RevenuesGlobeNewswire
- JFB Announces XTEND Becomes First U.S. Company to Receive U.S. Army Safety Board Approval for FPV Drone Programs [Yahoo! Finance]Yahoo! Finance
- JFB Announces XTEND Becomes First U.S. Company to Receive U.S. Army Safety Board Approval for FPV Drone ProgramsGlobeNewswire
- JFB Announces XTEND's Strategic Partnership with ParaZero Technologies to Revolutionize Drone Interception Capabilities [Yahoo! Finance]Yahoo! Finance
- JFB Announces XTEND’s Strategic Partnership with ParaZero Technologies to Revolutionize Drone Interception CapabilitiesGlobeNewswire
JFB
Sec Filings
- 4/21/26 - Form 10-K/A
- 4/21/26 - Form 425
- 4/9/26 - Form 4
- JFB's page on the SEC website