Ituran Wins $7 Million Contract from Israeli Ministry of Transport
Ituran Location and Control (ITRN) announced it has secured a contract valued at over 21 million shekels ($7 million) with the Israeli Ministry of Transport. The agreement spans up to four years, during which Ituran will provide traffic-monitoring platforms for ministry entities. The first year of the contract is guaranteed and amounts to 5M shekels. This win highlights Ituran's continued involvement in government infrastructure projects within Israel, leveraging its expertise in location-based services and transportation technology solutions.
Topics: contract award Israeli Ministry of Transport traffic monitoring platform