Elbit won IMOD Contracts Approximately $315 Million

31 December, 2012

IMOD invited Hermes 900 Unmanned Aircraft Systems to be supplied within three years, and maintenance services for UAS over a period of eight years

ELBIT-HERMES-900Elbit Systems announced today that it was awarded various contracts by the Israel Ministry of Defense (IMOD), for a total value of approximately $315 million.

The contracts relate to the areas of Avionics Systems, Unmanned Systems, Electronic Warfare (EW) and Land Systems.  In the area of Avionics Systems, the company will supply Battle Management Systems (BMS) and avionics for helicopters, virtual training for the Israeli Air Force’s fighter aircraft array and operation and maintenance services for the IAF’s Flight Academy. The contracts total is about $75 million, covering deliveries over a six-year period.

For Unmanned Systems, IMOD invited Hermes 900 Unmanned Aircraft Systems (UAS) to be supplied within three years, as well as maintenance services for UAS over a period of eight years. The value of this order is approximately $90 million.

Elbit will also supply IMOD Electronic Warfare (EW) Systems for F-15 and F-16 fighter aircraft and for the Navy’s Missile Vessels, in a total amount of approximately $90 million, for supply over the next four years. The company reported it has gained an order of Electro-Optic’s advanced observation and long-range target acquisition systems, of approximately $25 million, to be supplied over a 3 year period.

Following the acquisition of the local artillery systems manufacturer Soltam, Elbit will deliver to IMOD the Cardom electronic and mortar artillery systems, known in the Israel Defense Forces as “Keshet”. The total value of the order is $35 million for a six-year period.

Elbit Systems employs approximately 10,000 employees in Israel. The Company operates in 15 different sites throughout Israel, from Kiryat Shmona, Tel-Hai and Karmiel in the North to Ashdod, Arad, Hatzerim and Sderot in the South.

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