Rocky Brands Inc. shared that it received new orders to produce “Hot Weather” combat boots and “Temperate Weather” combat boots for the U.S. Military.
The “Hot Weather” boot contract is for one year and is for approximately $8.4 million. The “Temperate Weather” boot contract is for three years and is for approximately $30 million. The company expects to begin fulfilling both orders in the first half of 2017.
Interim CEO Mike Brooks stated, “We are extremely pleased to receive these new contracts from the U.S. Military. As we previously stated, increased sales to our military is a key component of our diversified growth strategy and we have the capabilities to meet the footwear requirements of our military in our recently expanded Puerto Rico manufacturing facility.”
The company is currently in the process of fulfilling orders it received to produce “Hot Weather” combat boots under contracts announced in February 2013 and October 2016 and to produce “Temperate Weather” combat boots under a contract announced in February 2016.