DroneShield (ASX:DRO) received a follow-on contract for AU$5.2 million from an in-country European reseller for handheld counterdrone systems and associated accessories, according to a Tuesday Australian bourse filing.
The reseller is contractually required to distribute the products to a European military customer.
It said it had all stock on-the-shelf for this order and it will receive cash payment in the December quarter.
Its shares jumped over 13% in early trading on Tuesday.
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