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RISHON LE ZION, Israel - BOS Better Online Solutions Ltd. (NASDAQ:BOSC), a technology integrator with a market capitalization of $27.7 million and annual revenue of $43.7 million, has received an $800,000 order from an Indian customer in the defense sector, with delivery scheduled for the fourth quarter of 2025, the company announced Wednesday.
The order represents part of the company’s expansion strategy into the Indian defense market, which is growing as a hub for subcontracted assembly in the global defense industry. According to InvestingPro data, BOS has demonstrated strong execution with a 61% return over the past year and maintains healthy financials with a current ratio of 2.19.
"We began by supplying components to Indian subcontractors serving Israeli customers, and are now broadening our reach by supplying components to these Indian subcontractors, for their Indian customers as well," said Avidan Zelicovsky, BOS President, in the press release.
BOS, which integrates supply chain technologies, operates through three divisions: Intelligent Robotics, RFID, and Supply Chain. The Supply Chain division, which secured this order, integrates franchised components directly into customer products.
The company has been working to expand its international sales footprint beyond its Israeli base, with India becoming a strategic focus area for growth.
The announcement comes as BOS continues to position itself in the aerospace and defense sectors, which form key markets for its technology integration services alongside industrial and retail clients.
In other recent news, BOS Better Online Solutions reported stable revenue figures for 2024, maintaining a total of $40 million. The company projects an increase to $44 million in 2025, alongside a 10% rise in net income. BOS has also secured a $375,000 order for an RFID sorting machine from a global fashion retailer, expected to enhance logistics efficiency at the retailer’s Israeli branches. Additionally, BOS announced new orders worth approximately $270,000 for automated end-of-line systems from two food manufacturing companies in Israel. These systems aim to address production bottlenecks and reduce reliance on manual labor. The company continues to expand its market presence and enhance operational efficiency for its clients. Analyst firm projections and the company’s strategic focus on the defense sector, leveraging increased defense budgets in Israel and Europe, suggest potential growth opportunities. BOS plans to expand its RFID sales force and install its first robotic production line in Europe.
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