Elbit awarded $47 million contract from the Israeli ministry of defense
Haifa-based Elbit Systems Ltd. has received a $47 million contract from the Israeli Ministry of Defense for the supply of Unmanned Airborne Vehicle (UAV) systems to the Israeli army. The contract is to be performed over a three-year period.
Elbit Systems, through its subsidiary Silver Arrow, is the primary supplier of advanced tactical UAV systems to the Israeli army. The new contract follows a UAV project for the Israeli army that was successfully completed by Silver Arrow.
President and CEO of Elbit Systems Joseph Ackerman commented on the award: "UAV systems, which are one of our core businesses, have recently received high priority in the defense market in light of the new defense needs and lessons learned from the recent conflicts in Afghanistan and Iraq.”
“The proven capabilities and extensive experience that Elbit Systems has acquired in the area of advanced UAV systems, have contributed to the award of this new contract," he added.
Silver Arrow's UAV systems are based on the Hermes family of tactical UAV's including the Hermes 450, Hermes 180 and Hermes 1500 as well as Elbit Systems' capabilities in UAV related systems—electro optical payloads developed by El-Op, command and control ground stations, communications systems and advanced training systems.
Elbit Systems will present its line of tactical UAV systems in the Paris Air Show on June 15-22. Elbit is an international defense electronics company engaged in defense-related programs throughout the world, in the areas of aerospace, ground and naval systems, command, control, communications, computers and intelligence (C4I) and advanced electro-optic technologies.
The Company focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
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