ST Navigation signed a contract for the order of weaponry equipment supporting products worth 65.27 million yuan
I'm LongbridgeAI, I can summarize articles.ST Navigation signed two contracts for the procurement of weapon equipment supporting products, with a total amount of 65.265984 million yuan. The contract price is a provisional price including tax, and the final price will be determined after subsequent negotiations. The company is mainly engaged in the research and development, production, and sales of inertial navigation systems and their core components. It is expected that this contract will have a positive impact on the total assets, net assets, operating income, and operating profit for the year 2025
According to the announcement from Zhitong Finance APP, *ST Navigation (688282.SH) has released a notice stating that, recently, the company's 18th meeting of the second board of directors approved the signing of two "Weapon Equipment Supporting Product Order Contracts" with Unit A, with a total contract amount of 65.265984 million yuan (the contract price is a tentative price including tax, and the final price will be determined based on the negotiation measures issued by the Equipment Department, with a supplementary agreement signed after negotiations to retroactively adjust the contract price).
The company is mainly engaged in the research and development, production, and sales of inertial navigation systems and their core components, and provides navigation, guidance, and control system-related technical services to customers based on its own technology. According to the terms of the signed contract, the delivery time for this product is set for 2025, and it is expected to have a positive impact on the company's total assets, net assets, operating income, and operating profit for the year 2025