Information technology services provider Ness Technologies Ltd. (Nasdaq: NSTC; TASE: NSTC) said that it has signed a multi-million dollar contract with a Latin American government, to install a command and control system in military helicopters and ground command posts.
This is an additional contract following the contract announced by Ness in June 2009, through which Ness is currently implementing its NessControl mobile tactical command and control system for the country's special forces.
The new helicopter borne system, for comprehensive tactical command and control, will transfer information in a wide range of missions, including counter-terrorism, search and rescue, and reconnaissance. The integrated system handles a wide range of information, including photographs, maps, intelligence aids, text and messages, alarms, and GIS data - all in real time. The system provides real-time viewing of force positions and movements, leading to increased coordination among neighboring forces.
Ness has about 7,800 employees worldwide.
Ness shares closed yesterday at $6.62, giving a market cap of $254.45 million.
Published by Globes [online], Israel business news - www.globes-online.com - on March 23, 2010
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