Ondas acquires INDO Earth Moving after USD 140 million military engineering tender win

Reuters03-17 21:15

<a href="https://laohu8.com/S/ONDS">Ondas</a> acquires INDO Earth Moving after USD 140 million military engineering tender win

Ondas acquired INDO Earth Moving, a procurement and lifecycle support provider for heavy engineering equipment used in military and national infrastructure programs. INDO was awarded a USD 140 million tender as prime contractor to supply heavy-tracked engineering vehicles plus long-term maintenance and logistics support for a major military customer. The program includes delivery of dozens of Heavy Engineering Platforms over a two-year period and sustainment infrastructure intended to support operations for at least the next four years. Ondas said the tender is expected to begin generating revenue in Q2 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ondas Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603170915ACCESSWRNAPR_____1148433) on March 17, 2026, and is solely responsible for the information contained therein.

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