SimiGon wins simulator contract with Israeli Air Force
Source - SMW
Modelling, simulation and training group SimiGon said it had won a $1.1m contract from the Israeli Air Force for simulation-based trainers.
Up to four systems would be delivered in the first phase, enabling students to train through personal stations on most of the aspects of their syllabus.
The comprised a nine-month delivery phase followed by a two-year warranty and support phase.
The expected revenue contribution had already been factored into management's expectations for the year ended 31 December 2018.
At 8:32am: (LON:SIM) SimiGon Ltd share price was +1p at 15.5p