Spectronix gets US Army follow-on order

The company will deliver $4.2 million of vehicle spare parts this year.

Spectronix Ltd. (TASE: SPCT) has received follow-on orders for vehicle spare parts from the US Army worth more than $4.2 million. Deliveries will be made this year.

In January, the company received orders worth over $2 million. The new orders boost the company's orders backlog by over $6.2 million.

Spectronix's share rose 4% by early afternoon to NIS 15.48.

Published by Globes [online], Israel business news - www.globes-online.com - on May 10, 2009

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

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