Ondas Shares Climb 4% on $56 Million European Munitions Order
Ondas shares rose 4% on Monday morning trading after the company secured a $56 million order for Electronic Safe & Arm Devices, which will support a European loitering-munition program. This contract expands Ondas' involvement in defense programs requiring critical munition control components.
The contract gives Ondas additional exposure to defense programs requiring components that control a munition's…