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Mobix Labs Secures Initial F-16 Component Order, Expanding U.S. Fighter Aircraft Footprint

Deliveries already underway

F-16 component order builds on previously announced 5X growth in F-22 component orders

IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX), a U.S.-based provider of advanced electronic components and connectivity solutions for aerospace, defense and mission-critical applications, today announced that it has secured its initial production order for components supporting the F-16 Fighting Falcon, one of the most widely operated frontline fighters in the U.S. Air Force.

"“The F-16 represents another important expansion of Mobix Labs’ position across major U.S. military aircraft programs,”

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The order was placed by a veteran-owned U.S. aerospace sustainment contractor supporting the Air Force F-16 fleet and consists of EMI-filtered connectors manufactured by Mobix Labs’ EMI Solutions unit at its military-approved facility in Irvine, California.

Initial shipments have already been delivered, with the balance of the order scheduled for delivery in the coming weeks.

The F-16 component order adds another major U.S. fighter platform to Mobix Labs’ growing defense and aerospace footprint. The new production order follows the Company’s previously announced expansion supporting the F-22 Raptor program, with component orders increasing approximately five-fold over prior activity.

“The F-16 represents another important expansion of Mobix Labs’ position across major U.S. military aircraft programs,” said Phil Sansone, Chief Executive Officer of Mobix Labs. “We have already demonstrated the ability to expand our business supporting the F-22, and now we are adding production supporting another of America’s most important fighter platforms. These components are manufactured by Americans, in America, for mission-critical defense applications. We intend to continue building on these positions across U.S. defense programs.”

America’s Workhorse Fighter

The F-16 Fighting Falcon has served as a cornerstone of American and allied airpower for decades and remains one of the largest fighter fleets in U.S. service, operating across active-duty, Air National Guard and Air Force Reserve units.

The U.S. Air Force’s F-16 Service Life Extension Program extends the service life of upgraded aircraft from an original 8,000-hour service life to as much as 12,000 flight hours, supporting continued operation of portions of the fleet toward 2050. At the same time, new-production F-16 Block 70/72 aircraft continue to be manufactured in the United States for allied air forces.

According to Lockheed Martin, the F-16 program supports approximately 46,000 direct and indirect U.S. jobs and more than 500 suppliers across 41 states.

Positioned in a Long-Duration Sustainment Market

Keeping a large fighter fleet operational for decades requires a continuing supply of qualified, high-reliability components.

Mobix Labs’ EMI-filtered connectors are designed to protect sensitive electronic systems from electromagnetic interference. Modern fighter aircraft depend on tightly integrated radar, communications, navigation, electronic warfare and weapons systems operating in demanding electromagnetic environments where component reliability is critical.

The initial F-16 component order establishes Mobix Labs as a component supplier supporting the F-16 sustainment ecosystem and provides an opportunity to pursue follow-on production demand as the aircraft continues operating for decades.

Building a Growing Fighter Aircraft Footprint

Earlier this year, the Company announced new and increased F-22 orders from two subcontractors, including a new customer relationship and expanded business with an existing partner. Those orders represented approximately a five-fold increase over Mobix Labs’ prior activity supporting the F-22 program.

The Company views its initial F-16 component order as another opportunity to build a long-duration position supporting a major defense platform.

The F-16 joins the F-22 Raptor, F-35 Lightning II and F/A-18 Super Hornet among U.S. fighter aircraft supported by Mobix Labs components. The Company’s broader defense and aerospace portfolio also includes Apache helicopters, U.S. Navy shipboard secure communications systems, missile programs, Gulfstream aircraft and certified onboard systems serving Boeing 737NG aircraft.

“Qualified positions within major aerospace and defense programs can create opportunities that extend for years,” Sansone added. “Our strategy is to add new programs, expand the positions we already have and increase the amount of Mobix Labs technology supporting America’s defense and aerospace infrastructure.”

American-Made Components for American Defense

Mobix Labs manufactures its EMI-filtered connector products in Irvine, California, supporting the national-security priority of maintaining secure and resilient domestic supply chains for critical defense systems.

The F-16 component order further advances Mobix Labs’ strategy of building a broader U.S.-based national-security technology platform serving defense, aerospace and other mission-critical markets.

About Mobix Labs, Inc.

Mobix Labs, Inc. (Nasdaq: MOBX) is a U.S.-based provider of advanced electronic components and connectivity solutions for aerospace, defense, communications and other mission-critical applications. Through its operating subsidiaries, including EMI Solutions and RaGE Systems, Mobix Labs provides technologies supporting commercial aerospace, military and other high-reliability applications. For more information, visit www.mobixlabs.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable federal securities laws. Forward-looking statements include, among other things, statements regarding Mobix Labs’ expectations concerning future demand for its products, the timing of remaining deliveries under the order described herein, the potential for recurring or follow-on production orders, the duration and value of its qualified positions on aerospace and defense platforms, the future size, service life and sustainment requirements of the F-16 fleet, the continued use of Mobix Labs’ components in existing aircraft programs, potential opportunities arising from customer qualification and design-in positions, and the Company’s ability to expand its aerospace, defense and mission-critical electronics business.

Forward-looking statements are based on current expectations, estimates, forecasts and assumptions and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, changes in customer demand or production schedules; the timing, size, modification or cancellation of customer orders; the absence of any assurance that an initial order will result in future orders; changes to aircraft designs, platforms or component requirements; loss of qualification or supplier status; customer concentration; competitive pressures; supply-chain constraints; manufacturing disruptions; the availability and cost of components and materials; general economic, aerospace and defense industry conditions; government spending priorities and defense budget decisions; and the other risks and uncertainties described in Mobix Labs’ filings with the U.S. Securities and Exchange Commission, including under the heading “Risk Factors.”

Forward-looking statements speak only as of the date they are made. Mobix Labs undertakes no obligation to publicly update or revise any forward-looking statement to reflect subsequent events, circumstances or changes in expectations, except as required by law.

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Contacts

Mobix Labs Investor Relations Contacts
Chris Eddy or David Collins
Catalyst IR
mobx@catalyst-ir.com or 212-924-9800

Mobix Labs, Inc.

NASDAQ:MOBX

Release Summary
Mobix Labs Secures Initial F-16 Component Order, Expanding U.S. Fighter Aircraft Footprint
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Contacts

Mobix Labs Investor Relations Contacts
Chris Eddy or David Collins
Catalyst IR
mobx@catalyst-ir.com or 212-924-9800

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