Mobix Labs in Irvine said it has received a repeat production order for approximately 1,500 mission-critical components for Gulfstream aircraft (Nasdaq: MOBX).
The order follows prior production orders for the same Gulfstream aircraft family and reflects continued demand from an established aerospace customer, the company said in a new release yesterday.
Mobix Labs’ components support a growing range of aerospace and defense platforms, including Gulfstream aircraft, the F-22 Raptor, Apache helicopters, Boeing 737NG aircraft, systems and missile programs, as the company continues expanding its mission-critical electronics business.
Shares in Mobix fell 10% to 92 cents apiece for a market cap of $16.5 million.