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Electronics co Aryt progresses in India Army bid

sudhir007

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The tender is the largest of three in which Aryt is competing.
Globes' correspondent24 Mar 10 14:21
Military electronics and electro-optical equipment manufacturer Aryt Industries Ltd. (TASE: ARYT) and its Indian partner Bharat Electronics Ltd. (BSE: 500049) have passed to the next stage of a large tender for the supply of electronic artillery fuses to the Indian Army.

Bharat has been asked to supply electronic fuses for 105-mm artillery for a firing test by the Indian Army. The tender for the supply of 600,000 electronic fuses for 105-mm artillery is the largest of three tenders for the supply of one million electronic fuses for 105, 130, and 155-mm artillery for a total of $200 million.

Electronics co Aryt progresses in India Army bid
 
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