Magal supports Israeli, international security projects

Magal supports Israeli, international security projects
by Richard Tomkins
Yahud, Israel (UPI) Aug 27, 2014

New deal struck for 84mm recoilless rifles
Washington (UPI) Aug 27, 2014 - A new framework deal for acquisition of Saab's Carl-Gustaf man-portable recoilless rifle has been signed by the company and the U.S. Special Operations Command.

Under the agreement -- a follow-on to an earlier contract -- USSOCOM is able to place orders for the 84mm weapon over a five-year period up to a total value of $187 million.

An initial order worth $14.3 million dollars was issued by USSOCOM with the contract signing.

"This is another great milestone for Saab and the Carl-Gustaf system," said Gorgen Johansson, senior vice president and head of Saab's Dynamics business area. "This new order demonstrates the continued belief by the customer in the capabilities and versatility of our product as well as its future potential."

"The Carl-Gustaf has repeatedly proven itself in the most demanding environments and it is a versatile, powerful tool for the soldier. The fact that the system is also being fielded to U.S. Army light infantry combat teams speaks for itself," added Lars Borgwing, president and chief executive officer of Saab Defense and Security USA.

The Carl-Gustaf is known to the U.S. military as the Multi-role, Anti-armor Anti-Personnel Weapon System, or MAAWS. It weighs 19 pounds and can fire as many as six rounds per minute.

Magal Security Systems Ltd., an Israeli company, reports receipt of more than $4 million in domestic and international contracts for its technologies.

The biggest award, worth nearly $2 million, is for the company's smart fence security solution that combines taut wire and vibration sensor products and is from an unidentified customer in Israel.

Smart fence will be used for a homeland security application, Magal S3 said, but no additional details were provided.

Magal's fiber sensor technology has also been ordered to help secure industrial sites and seaports in Southeast Asia and the United States through awards worth about $500,000.

Other orders received were for products and projects such as the expansion of a Ramat Ha'sharon safe city project in Israel and a smart grid to secure water canals in a nuclear power plant located in the Far East.

"Following our strategic acquisition of long-range fiber optic PIDS technology, we are definitely seeing strong traction for this technology," said Eitan Livneh, president and chief executive officer of Magal S3.

"I am also encouraged by the ongoing receipt of follow-on orders from our existing customers."

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