PWR Holdings (ASX:PWH) has secured a US$9.1 million follow-on contract to supply advanced cooling solutions for a US government project.
The new order builds on the successful delivery of PWR's previous contract, announced in January 2025, and strengthens the company's role as the project moves toward full-rate production.
Deliveries under the latest contract are expected mainly in fiscal year 2027, with the broader program projected to continue over several years, contingent on platform demand, US fiscal funding, and PWR’s performance.
Acting CEO Matthew Bryson said the follow-on order "reflects the successful execution of the first phase and underscores PWR's capability to deliver reliably on complex projects," adding that continued work on the platform bolsters the company's reputation as a leader in advanced cooling technology for aerospace and defence applications.