Tonbo wins over N Africa, EU with $25m defence gear order - News Summed Up

Tonbo wins over N Africa, EU with $25m defence gear order


BENGALURU: Defence electronics startup Tonbo Imaging has won a $25-million border surveillance contract in North Africa and Europe (Macedonia border) to deploy electro-optics surveillance systems.The contract was won against international competition from listed companies such as FLIR, Thales and other Israeli bidders. The Indian startup will be in charge of manufacturing and deploying night vision, thermal imaging and longrange surveillance systems.The total order value of $25 million will be executed over the next two years. "Along with our electro-optics systems, we have the opportunity to offer radars and other equipment [as well]," said Arvind Lakshmikumar, CEO, Tonbo Imaging. "BEL has offered one of its ground surveillance radars to Tonbo Imaging for one of its bids by an international customer. Of the $100 million, the firm got the first $5.6 million purchase order this year.


Source: The North Africa Journal April 05, 2017 05:03 UTC



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