BOS Adds $1.2 Million to Backlog with New Defense Supply Chain Order
Rhea-AI Summary
BOS Better Online Solutions (NASDAQ: BOSC) has secured a new defense order worth $1.2 million through its Supply Chain division, to be delivered by Q3 2025. The company, an integrator of supply chain technologies, reports increased global defense spending activity among primary customers and subcontractors worldwide.
According to BOS President Avidan Zelicovsky, this trend is creating new opportunities for the company, with expectations of robust ordering patterns across the strategic defense industry throughout 2025. Supply Chain division VP Sales Hagit Eliyahu confirmed the positive momentum in defense industry contracts for the current year.
Positive
- Secured new defense order worth $1.2 million
- Delivery timeline confirmed for Q3 2025
- Reports increased global defense spending activity
- Expects continued robust ordering patterns in defense sector
Negative
- None.
News Market Reaction – BOSC
In the trading session that priced this news, BOSC gained 4.42%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RISHON LE ZION, Israel, March 25, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), an integrator of supply chain technologies, announced today that its Supply Chain division has secured a new defense order for
Avidan Zelicovsky, BOS president, said: “We continue to see increased global defense spending activity at both our primary customers and their subcontractors worldwide, creating new opportunities for BOS. We expect robust ordering patterns across the strategic defense industry to continue in 2025.”
Hagit Eliyahu, Supply Chain division, VP sales, said: “We are pleased to secure yet another new defense industry contract as we continue to build our momentum in 2025.”
About BOS Better Online Solutions Ltd.
BOS integrates cutting-edge technologies to streamline and enhance supply chain operations across three specialized divisions:
- Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.
- RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.
- Supply Chain Division: Integrates franchised components directly into customer products, meeting their evolving needs for developing cutting-edge products.
Safe Harbor Regarding Forward-Looking Statements
The forward-looking statements contained herein reflect management's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of the war against the Hamas and other parties in the region], the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS' periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
For additional information, contact:
Matt Kreps, Managing Director
Darrow Associates
+1-214-597-8200
mkreps@darrowir.com
Eyal Cohen, CEO
+972-542525925
eyalc@boscom.com
