Subscribe to Print Edition | Mon., May 07, 2007 Iyyar 19, 5767 | | Israel Time: 16:41 (EST+7)
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Star Night shares leaping 20% on huge contract in India
07.5.07 | 12:24   By Michael Rochvarger

Star Night Technologies (TASE: STNT)  has won an NIS 100 million contract to provide night-vision technology to India, it announced on Monday morning.


The equipment will be made and provided by a subsidiary (80%), SDS, over two years ending in August 2009. By mid-2008, the Israeli company is to provide 35% of the contract.


Star Night had already received an NIS 38 million order from India's army, in November 2006.


The orders are significant ones for Star Night, considering that its year-2006 sales amounted to NIS 57 million.


 

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