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Stock impact report

Mobix Labs Begins Delivery of Filtered Connectors for Use in the U.S. Navy’s Tomahawk Missile System

Mobix Labs, Inc. - Class A (MOBX) 
Company Research Source: Business Wire
--Tomahawk Block V extends service life by 15 years -- IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs” or the “Company”), a fabless semiconductor company developing disruptive next-generation connectivity technologies for 5G infrastructure, satellite communications, and defense industries, today announced it has begun delivering filtered connector parts that are used in the U.S. Navy’s Tomahawk Cruise Missile. Financial details were not disclosed.According to a recent article in Newsweek, the U.S. has thousands of Tomahawk missiles in its arsenal and in vessels deployed around the world. The U.S. and its allies have used the ammunition in combat more than 2,300 times, according to Raytheon, including in Syria. There are several variations of the Tomahawk, including the new and modernized Block V series that the U.S. has spent the last few years upgrading. The Tomahawk cruise missile is a long-range precision weapon launched from the U.S. military's sh Show less Read more
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