Bk Technologies, Inc. Stock Price, News & Analysis

BK Technologies Corporation (NYSE American: BKTI) announced a significant $2.5 million purchase order from the United States Department of Agriculture Forest Service for its BKR 5000 portable communications technology. This order is part of a 5-year Blanket Purchase Agreement established in May 2021. President Tim Vitou emphasized the importance of reliable communication technology in managing wildfires, highlighting the agency's confidence in BK Technologies' equipment. The company is committed to supporting public safety professionals with high-quality, American-made communications solutions.

BK Technologies (NYSE American: BKTI) will hold an investor conference call on August 12, 2021, at 9:00 a.m. EDT to discuss its financial results for the second quarter and six months ended June 30, 2021. Key executives, including CEO John Suzuki and CFO William Kelly, will participate in the call. The company will release its operating results before the call. Interested parties can join by dialing (844) 407-9500, with international participants using (862) 298-0850. A webcast will also be available at www.bktechnologies.com.

BK Technologies Corporation (NYSE American: BKTI) announced that Redmond Fire & Rescue in Oregon has selected their new BKR 5000 portable communications technology. This upgrade is essential for effective field operations in wildland fire situations. The BKR 5000 offers three tiers for flexibility and customization, designed with input from users to meet public safety communication requirements. This development is expected to enhance BK's presence in significant new vertical markets and contribute to market share growth.

BK Technologies Corporation (NYSE American:BKTI) announced an order from the Tennessee Valley Authority (TVA) for its BKR 5000 portable communications technology. This collaboration aims to enhance TVA's operations, which serve 10 million people across multiple states. The BKR 5000 features customizable tiers designed for public safety communications and includes various accessories tailored for first responders. This order reflects BK's commitment to expanding market share and addressing new verticals.

BK Technologies Corporation appointed John Suzuki as its new CEO, effective July 19, 2021. Suzuki, an industry leader with a proven track record in sales and marketing, is expected to drive growth and enhance the company's market position. He previously doubled revenue at EF Johnson Technologies and significantly increased sales at Avtec and Ultra Electronics. The board expressed confidence in his ability to leverage his expertise to capitalize on opportunities and accelerate innovation, particularly with the upcoming launch of the BK 9000 product line.

BK Technologies (NYSE American: BKTI) has secured an order from Florida State Parks for its new BKR 5000 portable communications technology. This upgrade aims to enhance fire management capabilities across diverse terrains, including remote areas.

The BKR 5000, customizable in three tiers, is designed to meet public safety communication needs, incorporating feedback from first responders. The launch is expected to boost BK's market share and growth potential in vertical markets.

BK Technologies (NYSE American:BKTI) announced that Farsouth Fire & Rescue has selected its new BKR 5000 portable communications technology for deployment. This partnership aims to enhance emergency services in Otero County, New Mexico. BK Technologies President Tim Vitou emphasized the importance of reliable communications for first responders. The BKR 5000 offers flexibility and customization for public safety needs, with a complete line of accessories available. The development of the BKR 5000 is anticipated to expand BK's market share in new verticals.

BK Technologies Corporation (NYSE American: BKTI) has declared a quarterly dividend of $0.02 per share, set for payment on August 9, 2021. Shareholders on record by July 26, 2021 will qualify for this distribution. This marks the twenty-first consecutive quarterly dividend issued by the company, as stated by Chairman General Gray Payne, who emphasized the company’s commitment to its capital return program.

BK Technologies Corporation (NYSE American: BKTI) has appointed Major General (Ret.) E. Gray Payne as the new Chairman of the Board of Directors, succeeding John W. Struble, who remains a board member. General Payne brings over 40 years of leadership experience in both military and private sectors, having held key positions such as CEO and COO. He expressed optimism about the company’s growth prospects, particularly with interests in the existing BK 5000 communications technology and the upcoming BK 9000 product launch. The company manufactures high-specification communications equipment for public safety professionals and government agencies.