The company will supply a tactical training system for Dolphin submarine crews.
Acorn Factor Inc. (Bulletin Board:ACFN.OB) subsidiary dsIT Ltd. has won a NIS 30 million Israel Navy contract to supply a tactical training system for Dolphin submarine crews.
The system is for the three Dolphin submarines that Germany built for the Israel Navy in the late 1990s. The training system will simulate the submarines’ sonar and weapons systems in tactical conditions resembling those found at sea. The company’s Naval Solutions Division has been working with the Israel Navy for many years.
Last month, dsIT signed a contract to supply its Diver Detection Sonar (DDS) system to Poland’s Naftoport Liquid Fuels Loading Company Ltd., which operates an oil terminal at Gdansk. The contract is reportedly worth several million shekels.
Published by Globes [online], Israel business news - www.globes.co.il - on July 24, 2007
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