Kopin Scoops $19.8 Million Contract From US Army

By Benzinga
Benzinga
Benzinga
December 2, 2021 Updated: December 2, 2021

Kopin Corp. announced on Wednesday that it has won a $19.8 million order for its eyepiece subassembly, a critical component in the U.S. Army’s Family of Weapon Sight-Individual (FWS-I) thermal sight system.

It marks the second-largest production order received by Kopin for the FWS-I eyepiece subassembly.

The order has scheduled deliveries of the FWS-I eyepiece subassemblies into the fourth quarter of 2022.

“To date, we have received production orders totaling more than $50 million for our FWS-I eyepiece subassemblies, which is a testament to Kopin’s success in designing and manufacturing very complex microdisplay modules and subassemblies that are used in the most rugged environments,” said Bill Maffucci, Kopin’s Vice President/General Manager of Government and Professional Products.

Price Action

Kopin shares traded lower by 0.81 percent at $4.87 in the market session on the last check Thursday.

By Anusuya Lahiri

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