Magal receives contracts for electro-optic systems
Magal Security Systems has received $4.2 million in contracts to supply electro-optic systems to the Israeli Ministry of Defense, the company announced on 19 February.
The systems will be mounted and integrated on to various military vehicles, providing full day and night observation capability.
Dror Sharon, CEO of Magal, said: ‘These contracts for vehicle observation systems, as well as an earlier award for similar systems announced in late 2018 demonstrate the trust the Israeli military has in our capabilities.
‘It further represents the initial fruits of success following our acquisition of ESC-BAZ last year, which strongly extended our technological capabilities in the observation and surveillance market. We look forward to further expanding our sales globally in this growing market.’
Delivery of the systems will continue throughout 2019 and 2020.
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