Solid State (AIM:SOLI) told investors it has won a follow-on order worth $26.2 million under Project CAIN, a UK Ministry of Defence programme, through its subsidiary Steatite Ltd.
The AIM-listed group, a specialist supplier of computing, power and communications products, said the order would be delivered in the first half of 2027, with Steatite supplying ruggedised secure systems including the MPU5 and Wave Relay Technology from Persistent Systems.
Defence and security already account for around 47% of Solid State's group revenue, and the company has flagged a robust non-NATO order book running into Project CAIN's contract timeline.
Chief executive John Macmichael said the order "further underpins our existing guidance for FY26/27 and FY27/28 and gives us increased confidence as we look forward to 2027".
Macmichael described the win as the product of collaboration with Persistent Systems and other commercial providers, adding that Steatite is "playing an important part in establishing, scaling and sustaining the digital battlefield" under Project CAIN.
James Hall, head of Steatite's communications business unit, said the solution "allows our customers to connect, decide and act faster", thanking the communications team and Persistent Systems for their support in securing the award.
The announcement follows Solid State's full-year results, published in June, in which the board said it expected to exceed market expectations after revenue and profit growth across all three divisions, with an open order book of £102.4 million as of 31 May that excluded any NATO Supply and Procurement Agency orders.
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