Elbit Systems in a large contract with NATO, and high demand for aircraft defense equipment
The company will provide ground-to-air missile defense equipment to the multinational fleet of NATO fueling and transport aircraft
By Yoram Gavison
19.12.2017 11:01
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Elbit Systems' system in a transport plane
Elbit Systems' system in a transport plane
Elbit Systems (46,850 + 0.75%), which is managed by Buchi Mechlis, received a $ 46 million contract to supply additional J-Music DIRCM systems for protection against surface-to-air missiles to NATO, designed for the multinational fleet of Airbus A330.
Elbit Systems will equip the aircraft with J-Music DIRCM systems in combination with the infrared anti-missile (PAWS-IR) systems it manufactures.
The current order continues the sequence of orders received by the Company in recent years for air-to-air missile defense systems on military transport aircraft, civilian passenger aircraft and executive aircraft. One of the big orders was made in November 2014, to supply such systems to the German air force for Airbus A400 transport planes.
For a detailed analysis of the performance of the strongest companies in the economy, enter the index composition table
The demand for aircraft protection systems was one of the main reasons for the 39% increase in revenues of Elbit Systems' electro-optic products sector in January-September 2017, compared to the same period in 2016. Revenues for the first ten months of the year amounted to $ 252 million, representing 10.7% of Elbit's revenues during this period, compared with 7.9% of revenues for the period
https://www.themarker.com/markets/1.4730931
The company will provide ground-to-air missile defense equipment to the multinational fleet of NATO fueling and transport aircraft
By Yoram Gavison
19.12.2017 11:01
Save comments
Elbit Systems' system in a transport plane
Elbit Systems' system in a transport plane
Elbit Systems (46,850 + 0.75%), which is managed by Buchi Mechlis, received a $ 46 million contract to supply additional J-Music DIRCM systems for protection against surface-to-air missiles to NATO, designed for the multinational fleet of Airbus A330.
Elbit Systems will equip the aircraft with J-Music DIRCM systems in combination with the infrared anti-missile (PAWS-IR) systems it manufactures.
The current order continues the sequence of orders received by the Company in recent years for air-to-air missile defense systems on military transport aircraft, civilian passenger aircraft and executive aircraft. One of the big orders was made in November 2014, to supply such systems to the German air force for Airbus A400 transport planes.
For a detailed analysis of the performance of the strongest companies in the economy, enter the index composition table
The demand for aircraft protection systems was one of the main reasons for the 39% increase in revenues of Elbit Systems' electro-optic products sector in January-September 2017, compared to the same period in 2016. Revenues for the first ten months of the year amounted to $ 252 million, representing 10.7% of Elbit's revenues during this period, compared with 7.9% of revenues for the period
https://www.themarker.com/markets/1.4730931