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BK Technologies Gets $7.8 Million Purchase Order From U.S. Dept of Agriculture

By Chris Wack

 

BK Technologies Corp. said Tuesday it has received a $7.8 million purchase order from the U.S. Department of Agriculture Forest Service for its BKR 5000 portable communications technology.

The company said the order is part of its five-year blanket purchase agreement with the U.S. Department of Agriculture, announced in May 2021, and is a follow-on to the recently announced USFS group of purchase orders totaling $8.9 million.

With this order, BK has exceeded $60 million in new order bookings year-to-date, driven by demand for its BKR 5000. The company has now surpassed its new bookings total of $55.5 million achieved in 2021.

BK Technologies shares were up 15% to $2.40 in premarket trading.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

September 27, 2022 09:37 ET (13:37 GMT)

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