MTI Wireless Edge Ltd. announced that its subsidiary, MTI Summit, has a signed a three-year strategic agreement with a large, 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. In recent years the customer has ordered approximately $4 million of components from the Group per annum and with this agreement in place the MTI Board believe that the level of future orders is likely to be higher.