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http://www.imi-israel.com/vault/documents/lynx.pdfIMI wins over $230m in orders
The deals, amid a privatization battle, include sale of artillery to an Asian army.
Merav Ankori 5 Jul 10 16:23
Israel Military Industries Ltd. (IMI) reported two substantial deals this morning. IMI won a $210 million artillery order from an Asian army and a NIS 90 million order from Israel's Ministry of Defense for heavy ammunition for the IDF. The orders have been placed as IMI is waging a battle with the Ministry of Finance against privatization.
Commenting on the Asian order for advanced artillery systems for various ranges, IMI said, "Our products were chosen due to the overall response that the systems provide for performance needs and due to the ease with which they can be operated and maintained."