Netanya, Israel. October 31, 2007- Telkoor Telecom (TASE: TLK) the global provider of power supplies, for military, industrial and telecom applications today announced that its subsidiary in Israel has received an additional repeat order of $1.2M from a major defense customer in United States, bringing the total orders from this customer to $2.5M for the month of October.
The company estimates the order will be supplied by several deliveries during 2008 and 2009.
“We are very excited of the huge increase over the previous months and we are looking to continue this growth for the next year” said Yossi Ben Ami, CEO of Telkoor. “These orders attest to the continued expansion of the firm’s activities in the defense field”.
The customer is the largest defense customer of the group, and was it’s largest customer in 2006 as well.
Telkoor Telecom and its subsidiaries are active in the field of planning, development, engineering, production, marketing, and sales of power supplies for use by companies producing equipment for commercial applications (particularly in the field of communications) and for military systems. Some of Telkoor’s international activities are implemented by its subsidiaries in the US and UK.
About Telkoor: Telkoor Power Supplies Ltd., a subsidiary of Telkoor Telecom Ltd. www.telkoor.com (TASE: TLK) is a market leader in power supplies for military and commercial applications, ranging from airborne, missiles, land-based, naval, ground vehicles and UAV to custom and off-the- shelf commercial systems for the telecom, industrial and consumer markets. Founded in 1979, Telkoor has extensive experience in design, manufacturing and delivering of custom military power supply platforms. The company is an approved vendor by US Army, US Air force and US Navy, NATO, IDF and global defense organizations.
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