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Israel’s Protection Ministry awards Elbit $80m F-16 safety deal

by Index Investing News
January 27, 2025
in Financial
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Israeli protection electronics firm Elbit Techniques Ltd. (Nasdaq: ESLT; TASE:ESLT) has been awarded a contract value $80 million by Israel’s Ministry of Protection for the event and preliminary set up of a sophisticated airborne self-protection suite on the F-16I fleet.

Elbit Techniques already supplies a spread of protection methods for numerous varieties of plane and helicopters, based mostly on superior applied sciences. Prospects for these merchandise embody NATO and EU international locations. Beneath the contract, the corporate will equip the Israeli Air Power with cutting-edge self-protection suites designed to additional strong the survivability of the F-16I plane, enabling it to function safely in hostile environments. The suite will embody state-of-the-art Digital Warfare (EW) resolution built-in with a sophisticated Electro-Optical (EO) Passive Missile Warning and Launch Detection System (PAWS), enabling enhanced safety from a variety of threats bolstering the security of each aircrews and platforms.




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This newest deal follows Elbit’s US subsidiary Elbit America’s report of a $139 million follow-on order for enhanced night time imaginative and prescient goggle-binoculars for the US Military. Manufacturing will probably be at Elbit America’s facility in Roanoke, Virginia, and supply will probably be by December 2026.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on January 27, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.




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Tags: 80mAwardsdealdefenseElbitF16IsraelsMinistryprotection
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