Micronet Enertec awarded aerospace and defense contracts totaling over $1.2M
Micronet Enertec's wholly-owned subsidiary, Enertec Systems 2001, was recently awarded three purchase orders from two global aerospace & defense contractors, for an aggregate amount of more than $1.2M. This includes a $250K continuous order for a mobile command and control center from a multinational aerospace & defense contractor. These command and control centers are used in rugged and difficult terrains for the control and monitoring of advanced weapons systems. The second purchase order of $470K is for the development of a computer-based test and simulation system to ensure the combat readiness of a critical missile system. Valued at approximately $500K the third purchase order is for the development of a rugged diagnosis and simulation system for Unmanned Aerial Vehicles. MICT CEO David Lucatz commented, "In view of the latest $38B approved budget by the Obama administration, we strongly anticipate an additional flow of new orders".