Rabintex unit gets Lockheed follow-on order

Deliveries of the $10.9 million order will be made this year.

Rabintex Industries Ltd. (TASE: RABN) US subsidiary Burtek Inc. has signed a $10.9 million follow-on contract with Lockheed Martin Co (NYSE: LMT) for the delivery of antenna transport and position systems and command and control carriages for radar systems. Deliveries will be made by the end of this year.

Rabintex's share rose 0.6% by mid-afternoon to NIS 4.22.

Published by Globes [online], Israel business news - www.globes-online.com - on May 5, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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