Micronet Enertec gets 1M in purchase orders from aerospace, defense contractor

Montvale-based Micronet Enertec Technologies Inc. announced Thursday that its wholly-owned subsidiary, Enertect Systems 2001 Ltd. was awarded three purchase orders from a private aerospace and defense contractor for approximately $1 million.Montvale-based Micronet Enertec Technologies Inc. announced Thursday that its wholly-owned subsidiary, Enertect Systems 2001 Ltd. was awarded three purchase orders from a private aerospace and defense contractor for approximately $1 million.

The contracts are to develop and produce automated testing equipment used to diagnose and test faults in electronic components used for mission-critical aerospace and defense applications.

“We are experiencing an increasing stream of orders from a large Aerospace & Defense contractor, as internal departments within this particular contractor are rapidly winding down and related projects are subcontracted to trusted vendors such as Enertec,” Zvi Avni, Enertec’s CEO, said.