StocksMedium•5 October 2026•
1 min read
Ondas Stock Jumps 5.6% Following $56 Million Defense Contract
Key Facts
1Ondas stock rose 5.6% to $7.65 following a $56 million order for electronic safe and arm devices.
Ondas stock rose 5.6% to $7.65 following a $56 million order for electronic safe and arm devices. Schaeffers Research reported that the contract is tied to a European loitering munition program, which fueled the share price increase during morning trading.
The rally follows a period where ONDS closed at $7.24 on October 2, 2026, a session that saw a high of $7.44 and a low of $7.12. The new contract for precision strike systems represents a material revenue driver for the company and has attracted bullish analyst coverage.