MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - On Thursday says subsidiary MTI Summit signs a three-year strategic agreement with a long-term customer operating in the defence sector with the option for the client to extend the agreement by an additional two years. The new strategic agreement confirms MTI Summit as the primary supplier of an extensive range of components with pre-agreed pricing, enabling the customer to make orders quicker and more efficiently than the current process.
Current stock price: 71.00 pence
Year-to-date change: down 2.1%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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