Controp Wins $31 Million Contract for a Defense Customer in Asia

The contract is for the supply of Electro-optic systems and services over 20-month supply period

Hod HaSharon, Israel, 3 July, 2018, CONTROP Precision Technologies Ltd. - a company specializing in the field of Electro-optics (EO) and InfraRed (IR) defense and homeland security solutions - today announced that it has won a $31 million contract to supply EO/IR systems and services for an Asian defense customer. Under the contract, Controp will supply the systems and services over a 20-month period.

Hagay Azani, CEO & President of Controp, says of the deal: "This contract positions Controp as a leading supplier of Electro-optical InfraRed systems in Asia, proving that our systems are advanced in their field and provide innovative, comprehensive solutions for important defense programs."

About CONTROP Precision Technologies Ltd.

CONTROP specializes in the development and production of Electro-optical and InfraRed precision motion control systems for surveillance, defense and homeland security. CONTROP’s main product lines include: high performance stabilized observation payloads used for day/night surveillance onboard UAS, small UAS and aerostats/balloons, helicopters, light aircraft (A/C), maritime patrol boats and ground vehicles; automatic intruder detection systems for coastal and border surveillance, port/harbor security, the security of sensitive sites and ground troops security; advanced sighting systems for armored vehicles and remote weapon stations; thermal imaging cameras with high performance continuous zoom lens and state-of-the-art image enhancement features, and more. CONTROP’s products are in daily operational use in many of the most critical surveillance, defense and homeland security programs worldwide.

For more information on CONTROP, please visit the company's website: www.controp.com

Contact Information

Lori Erlich

Director, Marketing & Communications

CONTROP Precision Technologies Ltd.

Direct: +972-9-769-8126

Email: Lori.Erlich@controp.com

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