These orders have an aggregate value of approximately $1.3 million and are expected to be delivered in this fiscal year.
Rob Capps, MIND’s President and Chief Executive Officer, stated, “We’re pleased to add these new orders to our existing book of business. We see this as further confirmation of the benefits of our multibeam side scan sonar systems in demanding applications. We also think this is an indication of the improving trend within the defense and maritime security markets.”