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18 Feb 2019 | 07:51

BATM Advanced Communications receives follow-on contract worth $3.3m

IT services provider BATM Advanced Communications said Monday it had received follow-on contract by a government defence department customer worth $3.3m.

Under the terms of the contract, the company would deliver additional hardware and software cyber security products during 2019. The company would also provide the customer with cyber security services under a separate contract.

Following this latest order, the total contracted revenue awarded to the group to date by this customer for products and services for this cyber solution was over $13.3m, the company said. 'Cyber security threats are a key concern for governments across the world and we can provide the right products and services to protect their substantial networks,' said Dr Zvi Marom, Chief Executive Officer of BATM. 'The interest in our cyber solutions is increasing and, thanks to the strength of our offer, we expect to receive further orders and are very excited about the future prospects for this business.'

Story provided by StockMarketWire.com
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