Newsletter Subscription


Wednesday, Sept 28, 2016


Magal Receives Homeland Security Orders Totaling $8.4 M

Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that it has received several orders in Israel for homeland security (HLS) infrastructure. The aggregate expected revenue from these orders are approximately US$8.4 million, of which one particularly large order makes up over half of this amount. The orders are from a number of existing customers for expansions, maintenance and support.

Saar Koursh, CEO of Magal S3, commented, "These orders are a strong sign of confidence by our customers in our execution abilities and the added value we are providing. These orders, as well as some additional others recently received, demonstrate a good start to 2016, enabling us start the year with a strong backlog."


Related Research on ASDReports.com:
Anti-Drone Market - Global Forecast to 2022

Source : Magal Security Systems, Ltd - view original press release

Published on ASDNews: Jan 5, 2016

 

Global MilSatCom Conference and Exhibition

Nov 8 - 10, 2016 - London, United Kingdom

Register More info


US Export Controls with REFORM CHANGES Seminar

Dec 5 - 8, 2016 - Miami, United States

Register More info


© 2004-2016 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk