Spectronix wins mine resistant vehicle parts order

The order is part of the US Army M-ATV project.

Spectronix Ltd. (TASE: SPCT) has received a $6 million follow-on order for the supply of spare parts for systems for Oshkosh M-ATV mine-resistant ambush protected all-terrain vehicles.

Sderot-based Spectronix's orders backlog for the US Army for 2010 is now more than $22 million.

Spectronix's share rose 2% to NIS 29.07, giving a market cap of NIS 233 million.

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

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

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