This company designs, engineers and manufactures sophisticated multi-purpose electronics solutions for the defense, aerospace, and medical industries, serving Fortune 50 companies, militaries and top-tier defense contractors and just announced a new contract. Giga-tronics, Inc. dba Gresham Worldwide (OTCQB: GIGA), a provider of purpose-built electronic technology solutions for defense and other mission-critical applications, announced in a press release today that its subsidiary, Enertec Systems 2001 Ltd., was chosen to supply bespoke systems to a major strategic customer under a contract with a total value of $20 million.
Located in Israel, Enertec is a leading provider of innovative test, simulation, calibration, operational, control and monitoring systems that support and enable defense, aerospace and health care applications for over 30 years.
Shares were trading at $0.3339 in morning trade.
Copyright © 2023 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com’s content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
]]>