Mobix Labs Secures Initial F-16 Component Order, Expanding U.S. Fighter Aircraft Footprint
Initial F-16 production order expands Mobix Labs’ U.S. fighter program footprint and positions it for long-term sustainment demand.
Deliveries already underway
F-16 component order builds on previously announced 5X growth in F-22 component orders
The order was placed by a veteran-owned U.S. aerospace sustainment contractor supporting the Air Force F-16 fleet and consists of EMI-filtered connectors manufactured by Mobix Labs’ EMI Solutions unit at its military-approved facility in
Initial shipments have already been delivered, with the balance of the order scheduled for delivery in the coming weeks.
The F-16 component order adds another major
“The F-16 represents another important expansion of Mobix Labs’ position across major
America’s Workhorse Fighter
The F-16 Fighting Falcon has served as a cornerstone of American and allied airpower for decades and remains one of the largest fighter fleets in
The
According to Lockheed Martin, the F-16 program supports approximately 46,000 direct and indirect
Positioned in a Long-Duration Sustainment Market
Keeping a large fighter fleet operational for decades requires a continuing supply of qualified, high-reliability components.
Mobix Labs’ EMI-filtered connectors are designed to protect sensitive electronic systems from electromagnetic interference. Modern fighter aircraft depend on tightly integrated radar, communications, navigation, electronic warfare and weapons systems operating in demanding electromagnetic environments where component reliability is critical.
The initial F-16 component order establishes Mobix Labs as a component supplier supporting the F-16 sustainment ecosystem and provides an opportunity to pursue follow-on production demand as the aircraft continues operating for decades.
Building a Growing Fighter Aircraft Footprint
Earlier this year, the Company announced new and increased F-22 orders from two subcontractors, including a new customer relationship and expanded business with an existing partner. Those orders represented approximately a five-fold increase over Mobix Labs’ prior activity supporting the F-22 program.
The Company views its initial F-16 component order as another opportunity to build a long-duration position supporting a major defense platform.
The F-16 joins the F-22 Raptor, F-35 Lightning II and F/A-18 Super Hornet among
“Qualified positions within major aerospace and defense programs can create opportunities that extend for years,” Sansone added. “Our strategy is to add new programs, expand the positions we already have and increase the amount of Mobix Labs technology supporting America’s defense and aerospace infrastructure.”
American-Made Components for American Defense
Mobix Labs manufactures its EMI-filtered connector products in
The F-16 component order further advances Mobix Labs’ strategy of building a broader
About Mobix Labs, Inc.
Mobix Labs, Inc. (Nasdaq: MOBX) is a U.S.-based provider of advanced electronic components and connectivity solutions for aerospace, defense, communications and other mission-critical applications. Through its operating subsidiaries, including EMI Solutions and RaGE Systems, Mobix Labs provides technologies supporting commercial aerospace, military and other high-reliability applications. For more information, visit www.mobixlabs.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Forward-looking statements include, among other things, statements regarding Mobix Labs’ expectations concerning future demand for its products, the timing of remaining deliveries under the order described herein, the potential for recurring or follow-on production orders, the duration and value of its qualified positions on aerospace and defense platforms, the future size, service life and sustainment requirements of the F-16 fleet, the continued use of Mobix Labs’ components in existing aircraft programs, potential opportunities arising from customer qualification and design-in positions, and the Company’s ability to expand its aerospace, defense and mission-critical electronics business.
Forward-looking statements are based on current expectations, estimates, forecasts and assumptions and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, changes in customer demand or production schedules; the timing, size, modification or cancellation of customer orders; the absence of any assurance that an initial order will result in future orders; changes to aircraft designs, platforms or component requirements; loss of qualification or supplier status; customer concentration; competitive pressures; supply-chain constraints; manufacturing disruptions; the availability and cost of components and materials; general economic, aerospace and defense industry conditions; government spending priorities and defense budget decisions; and the other risks and uncertainties described in Mobix Labs’ filings with the U.S. Securities and Exchange Commission, including under the heading “Risk Factors.”
Forward-looking statements speak only as of the date they are made. Mobix Labs undertakes no obligation to publicly update or revise any forward-looking statement to reflect subsequent events, circumstances or changes in expectations, except as required by law.
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Mobix Labs Investor Relations Contacts
Chris Eddy or David Collins
Catalyst IR
mobx@catalyst-ir.com or 212-924-9800
Source: Mobix Labs, Inc.