BOS signs US$8m deal

Source: Exec Digital USA

Date :11/18/2008 1:24:20 AM

Better Online Solutions (BOS) Ltd has announced a supply agreement with an unnamed North American aircraft manufacturer worth an estimated US$8 million.

The agreement, for the supply of electronic components, will be part of BOS’s supply chain solutions. The contract between BOS and the civil aircraft manufacturer will last until 2010.

“We are very pleased to announce the award of a substantial three year long-term agreement with this strategic customer. This contract further emphasizes our supply chain capabilities," said Andrew Levi, Head of Supply Chain Solutions Americas.

The President and CEO of BOS, Shmuel Koren, also commented that the agreement “reflects the strengthening of our relationship with the worldwide avionic and aerospace industry and our strong position in the supply chain field."