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Stock Market & Financial Investment News

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June 17, 2014
08:03 EDTMICTMicronet Enertec awarded $3M in cumulative follow-on orders
Micronet Enertec announced that its wholly owned subsidiary, Enertec Systems 2001, was awarded $3M in cumulative follow-on orders for computer-based test, diagnosis and simulation systems to support the newest version of advanced missile defense systems. These orders follow the initial $2.6M order announced on November 12, 2013. The purchase order is from a multi-billion Israeli-based defense contractor working in partnership with a major US contractor in the international marketing of a state of the art missile defense system. The $3M on orders will be executed and delivered in fiscal years 2014 and 2015. Also, this customer has indicated that additional follow-on production orders are expected to be issued in 2016 and beyond.
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August 14, 2014
07:02 EDTMICTMicronet Enertec reports Q2-end backlog up 42% to $20.4M
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07:02 EDTMICTMicronet Enertec reports Q2 EPS (22c), consensus (1c)
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