| Goods |
Australian armour maker XTEK said it has secured a A$2.5 million loan facility from the Commonwealth Bank of Australia (CBA) that it will use to acquire the equipment necessary for the mass production of XTEK’s XTclave ballistic helmets. The company said it would use the money to “enhance the XTclave ballistic helmet manufacturing line within XTEK’s state-of-the-art manufacturing facility in Adelaide” and it said “good progress has been made with international customers and the first commercial order for XTclave ballistic helmets is expected in the near term”.
https://asiapacificdefencereporter.com/xtek-secures-a2-5-million-loan-to-mass-produce-ballistic-helmets/ |