{"id":454477,"date":"2021-03-10T06:33:08","date_gmt":"2021-03-10T11:33:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454477"},"modified":"2021-03-10T06:33:08","modified_gmt":"2021-03-10T11:33:08","slug":"ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/","title":{"rendered":"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer"},"content":{"rendered":"

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Ault Global Holdings<\/b>Announces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer<\/b><\/p>\n

LAS VEGAS–(BUSINESS WIRE<\/a>)–
\nAult Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the \u201cCompany<\/b>\u201d), announced that its global defense business, Gresham Worldwide, Inc. (\u201cGresham Worldwide<\/b>\u201d), has received a $3.0 million purchase order from a leading defense and aerospace customer of its wholly owned subsidiary, Enertec Systems 2001, Ltd. (\u201cEnertec<\/b>\u201d).\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210310005410\/en\/<\/a><\/p>\n

\nEnertec, based in Israel, is a leading defense and aerospace designer and manufacturer of advanced multi-purpose electronic systems, including customized computer-based automated test equipment and turnkey solutions designed to perform in harsh environments and battlefield conditions.\n<\/p>\n

\nEnertec has developed a unique generic automated testing system to meet complex challenges in validating capabilities and readiness of defense and attack platforms. The test system can test and perform diagnostics on all sophisticated computers that support a wide range of military and aerospace systems. Enertec has been in business for more than 30 years and Enertec\u2019s CEO, Zvi Avni, has over 35 years of experience developing advanced testing systems. After receiving a $2.9 million order in 2019 and a $2.0 million order in 2020 related to the development and delivery of this unique and complex testing system, Enertec recently received a $3.0 million follow-up order to supply the testing system. Enertec\u2019s management believes the new $3.0 million order will be recognized as revenue over the next twelve months and that this customer has the potential to order over $10 million of Enertec solutions per year.\n<\/p>\n

\nEnertec\u2019s CEO, Zvi Avni said, \u201cOur recent performance related to development and delivery of this advanced military testing system has resulted in an additional $3.0 million order and further solidifies Enertec\u2019s position as a leading provider of complex testing solutions for the defense and aerospace industry, both in Israel and around the world.\u201d\n<\/p>\n

\n\u201cWe are very pleased with Enertec\u2019s progress, which contributes significantly to the prospects for Gresham Worldwide,\u201d said Jonathan Read, Gresham Worldwide\u2019s CEO. \u201cThis recent order demonstrates that demand for Gresham\u2019s technology offerings remains strong. We look forward to expanding the relationship with this global defense contractor in what we expect to be a long-life cycle platform program. We remain optimistic that Gresham can achieve our goals for continued growth in 2021 and beyond.\u201d\n<\/p>\n

\nFor more information on Ault Global Holdings and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company\u2019s public filings and press releases available under the Investor Relations section at www.AultGlobal.com<\/a> or available at www.sec.gov<\/a>.\n<\/p>\n

About Ault Global Holdings, Inc.<\/b><\/p>\n

\nAult Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, the Company provides mission-critical products that support a diverse range of industries, including defense\/aerospace, industrial, automotive, telecommunications, medical\/biopharma, and textiles. In addition, the Company extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Global Holding\u2019s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains \u201cforward looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as \u201cbelieves,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cprojects,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cpotential,\u201d or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company\u2019s business and financial results are included in the Company\u2019s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company\u2019s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov<\/a> and on the Company\u2019s website at www.AultGlobal.com<\/a>.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210310005410\/en\/<\/a><\/span><\/p>\n

IR@AultGlobal.com<\/a> or 1-888-753-2235\n<\/p>\n

\n\u00a0\n<\/p>\n

KEYWORDS:<\/b> United States North America Nevada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Contracts Defense<\/p>\n

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Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer LAS VEGAS–(BUSINESS WIRE)– Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the \u201cCompany\u201d), announced that its global defense business, Gresham Worldwide, Inc. (\u201cGresham Worldwide\u201d), has received a $3.0 million purchase order from a leading defense and aerospace customer of its wholly owned subsidiary, Enertec Systems 2001, Ltd. (\u201cEnertec\u201d). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210310005410\/en\/ Enertec, based in Israel, is a leading defense and aerospace designer and manufacturer of advanced multi-purpose electronic systems, including customized computer-based automated test equipment and turnkey solutions designed to perform in harsh environments and battlefield … <\/p>\n

Continue reading “Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454477","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAult Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer LAS VEGAS–(BUSINESS WIRE)– Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the \u201cCompany\u201d), announced that its global defense business, Gresham Worldwide, Inc. (\u201cGresham Worldwide\u201d), has received a $3.0 million purchase order from a leading defense and aerospace customer of its wholly owned subsidiary, Enertec Systems 2001, Ltd. (\u201cEnertec\u201d). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210310005410\/en\/ Enertec, based in Israel, is a leading defense and aerospace designer and manufacturer of advanced multi-purpose electronic systems, including customized computer-based automated test equipment and turnkey solutions designed to perform in harsh environments and battlefield … Continue reading "Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-10T11:33:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210310005410r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer\",\"datePublished\":\"2021-03-10T11:33:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\\\/\"},\"wordCount\":800,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210310005410r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\\\/\",\"name\":\"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer - 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(NYSE American: DPW) a diversified holding company (the \u201cCompany\u201d), announced that its global defense business, Gresham Worldwide, Inc. (\u201cGresham Worldwide\u201d), has received a $3.0 million purchase order from a leading defense and aerospace customer of its wholly owned subsidiary, Enertec Systems 2001, Ltd. (\u201cEnertec\u201d). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210310005410\/en\/ Enertec, based in Israel, is a leading defense and aerospace designer and manufacturer of advanced multi-purpose electronic systems, including customized computer-based automated test equipment and turnkey solutions designed to perform in harsh environments and battlefield … Continue reading \"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-10T11:33:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210310005410r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer","datePublished":"2021-03-10T11:33:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/"},"wordCount":800,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210310005410r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-global-holdingsannounces-that-its-gresham-worldwide-defense-business-has-been-awarded-a-3-0-million-purchase-order-from-a-defense-and-aerospace-customer\/","name":"Ault Global HoldingsAnnounces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer - 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