ITL Optronics' share has risen 45% since the beginning of the year.
ITL Optronics Ltd. (TASE: ITL) has won a NIS 16 million order from a Latin American army. ITL will supply infantry night vision equipment, night driving systems, gun sights, and laser equipment. Deliveries will be made during the second and third quarters.
ITL is controlled by Soltam Systems Ltd., with a 64.4% stake, and Mikal Group, with 20.4%. ITL's share rose 6.5% by midday today to NIS 5, and has risen 45% since the beginning of the year.
Published by Globes [online], Israel business news - www.globes-online.com - on January 8, 2009
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