Broadwind Secures $6 Million Follow-On Order for Precision Machined Gearing Products

jueves, 24 de julio de 2025, 4:27 pm ET1 min de lectura
BWEN--

Broadwind has secured a $6 million follow-on order for precision machined gearing products from a leading OEM in the natural gas turbine segment. The order is part of a two-year agreement with potential for additional volume. Production will commence in Q4 2025, with deliveries extending into 2026 and 2027. This order reflects Broadwind's strategy to capitalize on sustained demand trends in the power generation market.

Broadwind Inc. (Nasdaq: BWEN) has announced the receipt of a $6 million follow-on order from a leading Original Equipment Manufacturer (OEM) in the natural gas turbine segment of the power generation market. This order, part of a two-year agreement with potential for additional volume, represents the minimum first-year commitment. Under the agreement, Broadwind will manufacture precision machined gearing products for use in natural gas turbines [1].

The order underscores Broadwind's strategy to capitalize on sustained, multi-year demand trends in the power generation sector. Production is expected to commence in the fourth quarter of 2025, with deliveries scheduled for 2026 and 2027 [1].

Eric Blashford, President and CEO of Broadwind, stated, "This order reflects our strategy to capitalize on sustained, multi-year demand trends in the power generation market. As we work to complete the initial order awarded in the first quarter of 2025, this expanded commitment underscores the strength of our precision manufacturing capabilities and supports our long-term growth in higher-value precision-machining verticals" [1].

References:
1. [1] https://finance.yahoo.com/news/broadwind-announces-6-million-order-220000437.html

Broadwind Secures $6 Million Follow-On Order for Precision Machined Gearing Products

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