Lakeland Fire + Safety Awarded Fire Equipment Tender by Argentina’s National Civil Aviation Administration ANAC
Rhea-AI Summary
Lakeland Industries (NASDAQ: LAKE) said on Dec 18, 2025 it was awarded a fire equipment tender by Argentina’s National Civil Aviation Administration (ANAC).
The single‑supplier contract covers a complete fire protection solution for ANAC’s airport Rescue and Firefighting Service and includes multi‑brand product lines such as Eagle structural suits and gloves, Veridian boots and hoods, Pacific helmets and Lakeland proximity suits. Financial terms were not disclosed.
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News Market Reaction 1 Alert
On the day this news was published, LAKE gained 0.85%, reflecting a mild positive market reaction. This price movement added approximately $642K to the company's valuation, bringing the market cap to $76M at that time.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
Peers show mixed performance: several names like PLCE, SGC, JRSH and LITB are down between about -2.5% and -3.5%, while JL is up 1.98%, suggesting stock-specific rather than broad sector dynamics for LAKE.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Q3 2026 earnings | Negative | +0.0% | Higher sales but large net loss, margin compression and withdrawn guidance. |
| Dec 03 | International order win | Positive | +4.6% | Malaysia fire department PPE order reinforcing Southeast Asia foothold. |
| Nov 25 | Earnings call notice | Neutral | +4.8% | Scheduling Q3 2026 results call with webcast and replay details. |
| Nov 19 | Service expansion | Positive | -4.4% | New Fresno facility to expand PPE services and recurring revenue platform. |
| Nov 03 | Dividend declaration | Positive | -0.8% | Declared <b>$0.03</b> per share cash dividend with set record and pay dates. |
Operational and strategic news often saw mixed or opposite price reactions, while international order wins recently aligned with positive moves.
Over the last few months, Lakeland reported fiscal Q3 2026 results showing higher net sales but a $16.0M net loss and margin pressure as of Oct 31, 2025. The company has focused on Fire Services growth, international PPE orders, and U.S. service expansion, while maintaining a quarterly $0.03 dividend. Today’s ANAC tender continues the theme of global fire-service contract wins that build on prior orders from Malaysia and service capacity investments in California.
Market Pulse Summary
This announcement highlights another international contract for Lakeland’s integrated, multi-brand Fire + Safety portfolio, adding Argentina’s ANAC to recent wins like Malaysia’s fire service. It reinforces the company’s focus on aviation and municipal fire services and cross-selling across structural suits, helmets, and proximity gear. Given prior margin pressure and a $16.0M net loss in fiscal Q3 2026, investors may watch how such tenders translate into profitability and recurring revenue over time.
AI-generated analysis. Not financial advice.
Lakeland’s Integrated, Multi-Brand Fire + Safety Portfolio Key to Securing Contract
Tender Includes Eagle Structural Suits and Gloves, Veridian Boots and Hoods, Pacific Fire Helmets and Lakeland Proximity Suits
HUNTSVILLE, Ala., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced it has been awarded a fire equipment tender by ANAC (Administración Nacional de Aviación Civil), Argentina’s National Civil Aviation Administration. Financial terms of the agreement were not disclosed.
ANAC is Argentina’s national government body responsible for the regulation, oversight, and promotion of civil aviation safety. With responsibility over the country’s airports, its Rescue and Firefighting Service SSEI (Servicio de Salvamento y Extinción de Incendios) provides services in the event of aviation accidents or incidents occurring within the airport or its vicinity.
“This tender was awarded to a single supplier and required the successful bidder to provide a complete fire protection solution across multiple product categories,” said Jim Jenkins, President and CEO of Lakeland Industries. “Our ability to offer an integrated, multi-brand Fire + Safety portfolio, developed through recent acquisitions and product expansion, was a key factor in securing the award. The contract includes a variety of equipment across our brands including Eagle structural suits and gloves, Veridian boots and hoods, Pacific fire helmets and Lakeland proximity suits.
“In addition, historically the tender specifications for this customer favored a range of incumbent manufacturers and locally produced equipment. Our global sales team’s sustained engagement with the Argentine fire service community enabled us to compete and ultimately win across the full scope of this award. We believe the competitive advantage of our multi-brand, multi-category platform will continue to deliver on single-award tenders across aviation and municipal fire services, building revenue and long-term value for our shareholders,” concluded Jenkins.
About Lakeland Fire + Safety
Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. In addition, we provide decontamination, repair and rental services that complement our fire services portfolio. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our authorized distributors supply end users across various industries, including integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high-tech electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, including fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mix of end-users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Commonwealth of Independent States (“CIS”) Region, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.
For more information about Lakeland, please visit the Company's website at www.lakeland.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
This press release contains estimates, predictions, opinions, goals and other "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company's predictions or expectations of future business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects, and management's expectations for earnings, revenues, expenses, inventory levels, capital levels, liquidity levels, or other future financial or business performance, strategies or expectations, including without limitation our M&A strategy and tariff mitigation plans. All statements, other than statements of historical facts, which address Lakeland's expectations of sources or uses for capital, or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in press releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. As a result, there can be no assurance that Lakeland's future results will not be materially different from those described herein as "believed," "projected," "planned," "intended," "anticipated," "can," "estimated" or "expected," or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which such statement is based, except as may be required by law.
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
LAKE@mzgroup.us
www.mzgroup.us
FAQ
What did Lakeland (LAKE) announce on December 18, 2025 regarding Argentina?
Which Lakeland product brands are included in the ANAC tender awarded to LAKE?
Does the ANAC contract for LAKE disclose financial terms or contract value?
What part of Argentina’s services will LAKE supply under the ANAC award?
How did Lakeland say it won the single‑supplier ANAC tender?
Could the ANAC tender awarded to LAKE affect Lakeland’s revenue or growth?
