nLIGHT is trading 5% up now at $71.64 after securing a major long-term U.S. Department of Defense contract for high-energy laser systems.
- The deal includes an initial $44 million award with a potential ceiling of up to $627 million over the contract's duration.
- The agreement positions the company as a key player in defense technology for cruise missile and drone interception.
- The contract win has sparked bullish analyst commentary and significant renewed investor interest in the stock.