Special report: Listed defence tech company Xtek (ASX:XTE) has received the first Australian customer order for its proprietary Small Arms Protective Insert plates, from the Australian Defence Force.

Xtek, a provider of protection and sustainment solutions for the government, law enforcement, military and commercial sectors, announced the order to the ASX on Thursday.

It’s the first order from the ADF for their high-end ballistic armour produced in-house at Xtek’s Adelaide manufacturing plant using Xtek’s XTclave technology.

A sample of the armour plates will be evaluated by the ADF’s Diggerworks lab.

The deciding factor was the significant reduction in weight of the XTclave SAPI plates when compared to other equipment that provides similar levels of protection.

The purchase follows an order in late 2017 for the plates from FY Composites, a supplier to the Finnish Defence Force.

Xtek makes these lightweight body armour plates for defence customers.


This special report is brought to you by Xtek.

This advice has been prepared without taking into account your objectives, financial situation or needs. You should, therefore, consider the appropriateness of the advice, in light of your own objectives, financial situation or needs, before acting on the advice.

If this advice relates to the acquisition, or possible acquisition, of a particular financial product, the recipient should obtain a disclosure document, a Product Disclosure Statement or an offer document (PDS) relating to the product and consider the PDS before making any decision about whether to acquire the product.