|
March 8, 2007:
Tadiran reported annual revenues of $258.6 million, representing
a slight drop of 4.9% in revenue, compared to 2005. Nevertheless,
Q4 sales reached $63.3 million, a substantial increase over
Q4/05 which totaled $52.8 million. The company's backlog remains
almost at the 2005 level, at $346 million, with slight reduction
of export orders offset by increased sales in Tadiran's domestic
market (Israel).
Among the company's prominent sales in the last quarter of
2006 was the completion of a sale of $55 million in communications
equipment to a country in Asia, receipt of an order worth $18
million for tactical radios for an African country, and receipt
of a repeat order worth $20.5 million from the Israel MOD for
new software defined radios. These radios are expected to provide
the next generation tactical radios of the IDF. Another development
in the past quarter was the increase of US DOD framework contract
(IDIQ) awarded to Tadiran's subsidiary by 35 million. The contract
provides for supply and support of SINCGARS systems for the
US forces.
more...
|
|
About
Tadiran Communications
Israel's Tadiran Communications is specialized in military
communications, offering a wide range terrestrial communications
for tactical and strategic levels. About 70% of its sales are
export oriented. Its product offering includes hand held, portable
and vehicular versions of advanced combat net radios, including
latest generation software defined radios, and personal communicators
employed with infantry teams, point-to-point and wide area communications,
based on commercial WiMAX standards.
|