Azimuth in NIS 13m NATO contract

The company makes target acquisition, fire coordination, navigation, and orientation solutions.

Azimuth Technologies Ltd. (TASE:AZTC), a manufacturer of target acquisition, fire coordination, navigation, and orientation solutions, has won a NIS 13 million order to supply remote-controlled advanced observation systems to a NATO country. Deliveries will be made over the next three years. The company did not disclose the name of the customer.

Azimuth provides GPS, data communications, optomechanical, and electro-optical solutions for military, paramilitary, and civilian uses.

Azimuth rose over 5% on the TASE today.

Published by Globes [online], Israel business news - www.globes-online.com - on January 3, 2008

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

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