Burtek won a $27 million tender, which could expand to $94 million.
Rabintex Industries Ltd. (TASE: RABN) US subsidiary Burtek Inc. has won a $27 million tender to supply 920 ambulances to the US Army. Deliveries will be made during 2008.
The contract is part of a non-binding three-year agreement worth $94 million. This is the first time that Burtek will be a direct supplier to the US Army; until now it has operated as a subcontractor.
Published by Globes [online], Israel business news - www.globes-online.com - on March 18, 2008
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