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Micronet Enertec receives $1.2M order for missile defense support system

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Montvale-based Micronet Enertec Technologies Inc. announced Thursday that its subsidiary, Enertec Systems 2001 Ltd, received a $1.2 million purchase order for a computer-based test, diagnosis and simulation system to support a missile defense system.

The order is from an Israeli defense contractor that has partnered with a U.S. defense contractor to market the system worldwide.  The purchase order will be ready in 2015.

"Our momentum in the aerospace segment continues to deliver new revenue opportunities for us,” David Lucatz, president and CEO of Micronet Enertec, said in a prepared statement. “Our strong R&D expertise in missile defense systems has led to numerous recent orders for our equipment that is designed to ensure the combat readiness of some of the most advanced and critically-important missile defense systems in the world. Increasing missile attack threats and recent unfortunate events have increased interest around the globe in the combat-proven missile defense solutions that we support.”

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Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

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