Elbit Systems Aktie
WKN: 904218 / ISIN: IL0010811243
17.11.2022 08:19:54
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Elbit Systems Gets $200 Mln Contract To Supply Helicopter Self-Protection Suits
(RTTNews) - Israeli high technology company Elbit Systems Ltd. (ESLT) announced Thursday that it was awarded a contract valued at approximately $200 million to supply helicopter self-protection suits to a country in Asia-Pacific.
The company will supply Electronic Warfare and airborne laser technologies to protect military helicopters. The contract will be executed over a four-year period. The protection suites will be installed aboard both attack and utility helicopters.
The contract will include self-protection suites comprised of the Infra-Red Passive Airborne Warning Systems or PAWS IR and the Mini-MUSIC Direct Infra-Red Counter Measure or DIRCM Systems.
These protection suites are designed to increase survivability and mission effectiveness of helicopters in arenas threatened by shoulder-fired heat seeking anti-aircraft missiles.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said, "There is an increasing demand across the globe for airborne protection solutions as aircraft, particularly helicopters, face a growing threat from anti-aircraft missiles. Our portfolio of sophisticated yet mature capabilities position us well to address this growing need."

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