Telkoor Telecom - Repeat Order of $1 3M from a major defense customer
Released on: October 21, 2007, 8:15 am
Press Release Author: Boaz Weiss / Telkoor
Industry: Electronics
Press Release Summary: Telkoor Telecom: Repeat Order of $1.3M from a major defense customer
Press Release Body:
Telkoor Telecom: Repeat Order of $1.3M from a major defense customer
Netanya, Israel. October 18, 2007- Telkoor Telecom (TASE: TLK) the global provider of power supplies, for military, industrial and telecom applications today announced that its subsidiary in Israel has received a repeat order of $1.3M from a major defense customer in United States. The subsidiary will provide two types of power supplies for an airborne anti-missile warning system, installed in various US Airforce aircrafts.
The company estimates the order will be supplied by several deliveries during 2008.
In June 2007, the company had received an order of $140,000 for development of a new generation of power supplies to replace some of the existing installed devices.
Yossi Ben Ami, CEO of Telkoor, says that these orders attest to the continued expansion of the firm's activities in the defense field. The said customer is the largest defense customer of the group.
Telkoor Telecom and its subsidiaries are active in the field of planning, development, engineering, production, marketing, and sales of power supplies for use by companies producing equipment for commercial applications (particularly in the field of communications) and for military systems. Some of Telkoor's international activities are implemented by its subsidiaries in the US and UK.
About Telkoor Telecom: Telkoor Power Supplies Ltd., www.telkoor.com (TASE: TLK) is a market leader in power supplies for military and commercial applications, ranging from airborne, missiles, land-based, naval, ground vehicles and UAV to custom and off-the- shelf commercial systems for the telecom, industrial and consumer markets. Founded in 1979, Telkoor has extensive experience in design, manufacturing and delivering of custom military power supply platforms. The company is an approved vendor by several armies, air forces, navies and global defense organizations.
For international media inquiries, contact: Boaz Weiss, VP Marketing & Sales, Tel: +972-9-8632313, boazw@telkoor.com