$460,000 Aerospace & Defense Contract Awarded to Micronet Enertec

Micronet Enertec Technologies, Inc. (NASDAQCM: MICT), announced today that its wholly-owned subsidiary, Enertec Systems 2001 Ltd. (Enertec), was recently awarded a purchase order from a global Aerospace & Defense contractor, totaling more than $460,000. The contract is a continuous order for the development of a diagnosis and simulation system for a specific missile system.

Zvi Avni, Enertec’s Chief Executive Officer, said, “We are pleased that a current customer is placing additional orders for our sophisticated fit for purpose products, and especially proud of our strong relationship with this major aerospace & defense contractor.”

Source: Micronet Enertec Technologies, Inc.
Date: Mar 6, 2017