|
MTI Wireless Edge Ltd on Monday said it has won a $2.0 million contract with an unnamed local defence company to supply military antennas. The order, placed by an existing customer, is expected to be delivered during 2026 and 2027. The Rosh-Ha’Ayin, Israel-based communication and radio frequency solution provider announced last Tuesday multiple contract wins totalling $6 million. MTI Wireless Edge Chief Executive Officer Moni Borovitz said: ‘This strong level of order intake is encouraging and reflects our internal forecasts of a step-up in demand for our range of defence related products. Overall, the business is very well positioned with a healthy pipeline of potential orders across all three divisions.’ Shares in MTI were up 11% at 68.62 pence on Monday afternoon in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
