Magal Security Systems, has received an order of US$1.7 million for the protection of the perimeters of two airports in Latin America.
The order includes the supply and installation of buried cable intrusion detection systems in both airports, one is an international hub and the other is a local airport. Both deliveries are expected to be completed during the first quarter of 2011.
"We have expanded our presence in this region due to the business potential we see throughout the Latin American market,” said Eitan Livneh, President and CEO of Magal Security Systems. “We are encouraged by this award and view it as the first success of our new strategy in this region."
Buried cable is widely used in airports all over the world to protect perimeters in this market. Buried cable is a solution for locations where a fence cannot be installed, whether due to aesthetic or operational reasons such as in the case of parking areas and hangers. Trenching the tarmac to install a buried cable intrusion detector is often the best solution.
Another contract comes from the Port Authority of an African country that it has won a tender to secure the main seaport of the country. The total value of the project is estimated to be $21.4 million with a targeted completion date within two years after receipt of the formal order.