SimiGon wins US Air Force contract for de-icing simulator
Source - SMW
Simulation and training group SimiGon said it had won a contract with the United States Air Force Europe to provide it with a virtual reality aircraft de-icing simulator.
The contract was SimiGon's second aircraft de-icer simulation win in the past six months.
Expected revenue from the contract was already factored into management's expectations for fiscal year 2018.
'This contract award is a strategic milestone for SimiGon as it demonstrates the company's ability to penetrate new markets and requirements for cost effective personal training systems,' chief executive Ami Vizer said.
At 9:27am: (LON:SIM) SimiGon Ltd share price was -0.75p at 14.75p