OMNI-LITE INDUSTRIES ANNOUNCES NEW FIVE-YEAR AGREEMENT WITH MAJOR GLOBAL JET ENGINE MANUFACTURER
Rhea-AI Summary
Omni-Lite Industries (OTC: OLNCF) announced on December 9, 2025 that its subsidiary Designed Precision Castings (DP Cast) signed a new five-year agreement with a major global jet engine OEM to supply precision investment castings for multiple fixed- and rotary-wing aircraft engine platforms.
The agreement extends prior contracts with a long-standing customer and emphasizes DP Cast's operational excellence, quality, innovation, and reliable on‑schedule supply for aerospace precision castings.
Positive
- Five-year agreement signed with major jet engine OEM
- Extension of prior contracts with a long-standing customer
- Supply covers multiple fixed and rotary-wing aircraft engine platforms
- Operational excellence and reliable supply cited as reasons for award
Negative
- None.
News Market Reaction
On the day this news was published, OLNCF gained 5.54%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers in Metal Fabrication showed mixed moves, from -28.57% (RMTO) to +10.67% (IAALF), while OLNCF gained 5.54%, indicating a company-specific reaction to its contract news rather than a broad sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Customer contract | Positive | +5.5% | New five-year agreement with major jet engine OEM for castings. |
| Nov 13 | AGM results | Neutral | +0.6% | Shareholders approved board nominees, auditors, and long term incentive plan. |
| Nov 10 | Earnings update | Positive | +8.1% | Q3 2025 results showed higher revenue, EBITDA, cash, and record backlog. |
| Sep 29 | Board nomination | Positive | +3.2% | Nomination of experienced capital markets professional to board of directors. |
| Aug 13 | Earnings & call | Positive | -8.0% | Q2 2025 results with higher revenue, positive EBITDA, cash growth and backlog. |
OLNCF has generally reacted positively to operational and governance updates, with four of the last five news events followed by gains, while one earnings release saw a negative reaction despite stronger reported metrics.
Over the past six months, Omni-Lite reported improving financial performance and growing backlog, with Q2 and Q3 2025 results highlighting revenue growth, positive Adjusted EBITDA, and expanding bookings. Governance updates, including a director nomination and AGM outcomes on November 13, 2025, were followed by modest share gains. The new five-year jet engine casting agreement on December 9, 2025 fits into a pattern of strengthening relationships with key aerospace customers and builds on pending pricing changes referenced in prior results.
Market Pulse Summary
The stock moved +5.5% in the session following this news. A strong positive reaction aligns with Omni-Lite’s pattern of gains following operational milestones, such as prior earnings and backlog updates. The new five-year agreement with a major jet engine OEM reinforced an existing uptrend, with shares already trading above the 200-day moving average. However, historically one earnings event led to a decline despite solid results, underscoring that gains after good news have not always persisted and can be vulnerable to profit-taking or changing expectations.
Key Terms
original equipment manufacturer technical
precision castings technical
fixed wing aircraft technical
rotary wing aircraft technical
aerospace precision investment castings technical
AI-generated analysis. Not financial advice.
LOS ANGELES, CALIFORNIA, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (the "Company" “Omni-Lite”; TSXV: OML) today is pleased to announce that its subsidiary, Designed Precision Castings (DP Cast), has signed a new five-year agreement with a major global jet engine original equipment manufacturer (OEM) to supply precision castings for use on multiple fixed and rotary wing aircraft engine platforms.
This agreement is an extension of several previous agreements with one of our long-standing customers. This new agreement reflects the value that DP Cast has demonstrated to its customer through operational excellence, quality, innovation, and most importantly, reliable supply of aerospace precision investment castings on schedule.
“This agreement underscores our relentless commitment to delivering quality investment castings on time to our customer in support of its major programs” said Stuart Faria, President of DP Cast.
About Omni-Lite Industries Canada Inc.
Omni-Lite Industries Canada Inc. is an innovative company that develops and manufactures mission critical, precision components utilized by Fortune 100 companies in the aerospace and defense industries.
For further information, please contact:
Mr. David Robbins Chief Executive Officer
Tel. No. (562) 404-8510 or (800) 577-6664
Email: d.robbins@omni-lite.com Website: www.omni-lite.com
Forward Looking Statements
Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intent”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information in this press release includes, but is not limited to, the expectations and future performance of the Company and the timing, date and location of the Meeting. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada, the United States and globally; industry conditions, governmental regulation, including environmental consents and approvals, if and when required; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
