Theon International Plc signed a Contract Revision for 100,000 NVGs for the German Bundeswehr and 4,000 NVGs for the Belgian Armed Forces, increasing backlog by €1 billion. The total backlog now stands at approximately €2.4 billion, ensuring visibility until 2029. THEON remains the largest supplier of Night Vision equipment in Europe. The contract also includes services valued at €100 million. Deliveries will be made using the Mikron binocular powered by Exosens 16 mm tubes. Theon has secured the supply of over 400,000 Image Intensifier Tubes through 2030. Their assembly facility will triple its employees by the end of next year.

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