Telkoor Announces Repeat Order From Major Defense Customer For Airborne Electronic Systems

Telkoor Telecom announced that its subsidiary, Telkoor Power Supplies Ltd., has received an additional order of $1.15M from a major defense customer. The military power supplies will be used in military electronics systems of this customer, a major military electronic systems manufacturer.

The order is the second order from this customer, in addition to the order received in 2006, and includes an option for future deliveries. The company plans to complete the development of the power supplies during 2009.

During the last 2 months the company has received several significant orders, including a contract of $5M for delivery of power systems to military vessels in United Kingdom and contracts in the value of $M2.5 for anti-missile warning systems in USA.

"We are very excited of the huge increase over the previous months and we are looking to continue this growth for the next years" said Yossi Ben Ami, CEO of Telkoor. "These orders attest to the continued expansion of the firm’s activities in the defense field".