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Stock Market & Financial Investment News

News Breaks
May 15, 2014
07:32 EDTMICTMicronet Enertec reports Q1 adjusted EPS (5c), consensus (6c)
Reports Q1 revenue $5.57M, one estimate $7M
News For MICT From The Last 14 Days
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November 10, 2014
08:47 EDTMICTMicronet Enertec awarded $1.1M in purchase orders
Micronet Enertec announced that its wholly owned subsidiary, Enertec Systems 2001 Ltd, was awarded two purchase orders from a global aerospace corporation, for an aggregate amount of more than $1.1M. One purchase order in the amount of $500,000 is for additional production units of the fire control computer for the newest version of an advanced missile defense system. The other purchase order, in the amount of $640,000, is for the development of a computer-based test and simulator system to ensure the combat readiness of a critical missile system. The company anticipates delivery of both orders during calendar year 2015 and expects to receive follow-on orders for both projects. The award is from a global aerospace corporation who is marketing the system in cooperation with a major US Aerospace contractor.

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