Israel Aircraft Industries (IAI) and The Boeing Company have signed an agreement to establish the production infrastructure to manufacture components of the IAI-developed Arrow missile in the United States. The Arrow missile is part of the full Arrow anti-ballistic missile system, the world's only operational anti-ballistic missile system.
With the signing of this agreement, Boeing will establish the capability to produce the various Arrow missile components and coordinate the production of existing Arrow missile components already being manufactured in more than 150 American firms located in over 25 States.
The co-production agreement follows a strategic teaming agreement signed in January 2002 between the two companies. Following implementation of this contract, Boeing will be responsible for production of approximately 50 percent of the Arrow missile components in the United States. IAI, the prime contractor of the Arrow system, will be responsible for integration and final assembly of the Arrow missile in Israel. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
