US Army holds up Rabintex unit ambulance deliveries

Burtek won the $94 million tender last month.

Rabintex Industries Ltd. (TASE: RABN) US subsidiary Burtek Inc. is delaying deliveries of ambulances to the US Army after US Army received a complaint from third parties relating to Burtek's win in the tender. Rabintex said that the US Army requested the delay until the complaint was clarified.

Last month, the company won the tender to supply up to $94 million worth of ambulances over three years.

Published by Globes [online], Israel business news - www.globes-online.com - on April 6, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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