India Defence
Featured Reports

Reports

Authoritative, credible and fact-based reports on defense and aerospace affairs

Daily Alerts

Latest defense and aerospace alerts from India and other major regions delivered daily to your inbox

Focus

In-depth coverage with filtering of relevant and focused subject reports

Business Networking

Connect and expand your reach with aerospace and defense industry specific business networking

Database

Search database containing thousands of reports using proprietary relevance search

Opportunities

Post and browse aerospace and defense business and career opportunities
Free subscription         Join!       Twitter @IndiaDefense

Indian Army to Acquire $30 million Worth Israeli Night Vision Equipment

2007-03-20 Sources inform "Globes" that Star Night Technologies Ltd. (TASE:STNT) subsidiary SDS has won a tender worth an estimated $30 million to supply night vision equipment to the Indian army.

The order will be supplied over a two-year period, and SDS is currently negotiating with authorities in India on a date for the start of deliveries. Star Night declined to comment on the report.

The contract is a significant one by any measure and, if signed, it will double SDS's activity. The company has not yet published its financial report for 2006 although it is expected to unveil pro-forma turnover of $12-15 million, similar to its yearly revenue from the contract with the Indian army.


HomePage
Enlarge font Reduce font
SDS to supply night-vision equipment to Indian army
The company won a tender worth an estimated $30 million.
Uri Shuster 19 Mar 07 18:20
Sources inform ''Globes'' that Star Night Technologies Ltd. (TASE:STNT) subsidiary SDS has won a tender worth an estimated $30 million to supply night vision equipment to the Indian army. The order will be supplied over a two-year period, and SDS is currently negotiating with authorities in India on a date for the start of deliveries. Star Night declined to comment on the report.

The contract is a significant one by any measure and, if signed, it will double SDS's activity. The company has not yet published its financial report for 2006 although it is expected to unveil pro-forma turnover of $12-15 million, similar to its yearly revenue from the contract with the Indian army.

The company won the tender through a subsidiary, New Noga Light Ltd., which manufactures night-vision equipment and sniper rifle sights. This division represents a core source of revenue for the company, which underwent significant changes in its holdings structure last year.

Reports

Authoritative, credible and fact-based reports on defense and aerospace affairs

Daily Alerts

Latest defense and aerospace alerts from India and other major regions delivered daily to your inbox

Focus

In-depth coverage with filtering of relevant and focused subject reports

Business Networking

Connect and expand your reach with aerospace and defense industry specific business networking

Database

Search database containing thousands of reports using proprietary relevance search

Opportunities

Post and browse aerospace and defense business and career opportunities
Free subscription         Join!       Twitter @IndiaDefense
© 2010 India Defence