Tadiran Communications Received $20.5 Million Order from Israeli Ministry of Defense
The Order is an Add-On to a $19.6 Million Order Received a Year Ago for the Immediate Supply of Next Generation Radio Communications Systems
Petach Tikva, Israel, January 18, 2007 - Tadiran Communications received an order in the amount of $20.5 million from Israel's Ministry of Defense. This order is an add-on to an order valued at $19.6 million for the supply of next generation radio communications systems for use by the various branches of the Israel Defense Forces, which the company received on December 2005.
The radio systems are software definable (Software Defined Radio), among the most advanced of their kind, providing high-speed simultaneous voice and data communications capabilities and supporting multiple advanced communications protocols.
The ordered radio opens the way to 3rd generation wireless military communications, meeting the demands for advanced voice and high-speed data communications in the Network Centric Warfare environment thereby becoming an essential building block for the communications infrastructure of the modern, digital battlefield.
“As I have said in the past, this project has great strategic importance for Tadiran Communications, and we continue to see it as the company’s flagship project for the coming decade” said Amos Weizman, the CEO-Designate of Tadiran Communications. According to Weizman, the company expects additional orders for these communications systems. “We view this add-on order as an expression of confidence by the Israeli Ministry of Defense in Tadiran Communications and its products,” Weizman added.
The company recently reported the receipt of an order for the last stage of a tactical communications equipment transaction with an Asian country, valued at $42 million out of a total of $55 million. In October, the company announced a contract for the supply of the latest tactical communications equipment to a country in Africa, valued at $18 million. The company also reported that its subsidiary, Telefunken Racoms, received an order from the German government for the supply of long-range communications equipment valued at around €19 million. In August, it was reported that its subsidiary in the US, Talla-Tech, received an order from the US Army for the supply of rugged handheld and portable computers, valued at around $15 million.
About Tadiran Communications
With over 40 years of experience in the development, manufacture and marketing of combat-proven military communications solutions, Tadiran Communications is a global industry leader in its fields of specialization. The company’s secure and immune military communications systems and equipment serve the armed forces of over 50 countries worldwide. Main product families include short, medium and long-range communications, covering all frequency bands. The fully-owned Florida subsidiary, Talla-Com, and Talla-Com's subsidiary, Talla-Tech, focus on military computers and advanced power amplifiers. Tadiran Communications consistently expands its mix of solutions and products. Through its wholly owned German subsidiary, Telefunken Racoms, Tadiran Communications offers an even wider selection of military HF radio systems as well as advanced European standard communication modems and protocols. The recent acquisition of Snapshield™, a leading global provider of managed secure telecommunication solutions expands the company's offerings for military and Homeland Security applications.
Tadiran Communications offers the civilian market, wireless communications solutions for homeland security, public safety and government agencies.
Tadiran Communications is publicly traded under the symbol: TDCM on the Tel Aviv Stock Exchange.
For further information about Tadiran Communications, please visit our website at www.tadcomm.com
Roni Ganani, MarCom Manager
Ida Yoffe, Press Relations
Tel. +972-3-570 6527
Fax. +972-3-570 6526
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