Israel Aerospace Industries (IAI) will supply Finland with sea missiles worth 160 million euros
The company won a tender for five competing bids, including Boeing of the United States and the Swedish SAAB. The tender has an option for a continuation transaction worth € 193 million
Hagai Amit Email ThisBlogThis!
06.07.2018 15:21
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A Gabriel missile is launched from a ship
The Gabriel missile is launched from the Clandestine Immigration and Navy Museom, Haifa
The Finnish government announced on Friday that it had chosen IAI's Gabriel missiles to replace Finland's sea-to-sea missile system. The value of the missiles to be sold to Finland is 162 million euros with an option for a continuation transaction worth 193 million euros.
Gabriel missiles are guided missiles installed on ships as a means of attacking other vessels. IAI won the tender after competing with bids from the Norwegian company NSM, MBDA of France, SAAB of Sweden and Boeing of America.
An experiment in the Israeli naval missile - Skip
An experiment in the Israeli naval missile - Skip
An experiment in the Israeli navy
The purchased systems will include rocket launchers, simulators for training in fire, equipment for testing missiles, spare parts and training of the Finnish army in operating the system. The missiles will be delivered between 2019 and 2025. System maintenance will be carried out in Finland, and according to the Finnish government, the acquisition will generate 180 jobs over the next 30 years.
In response to the award, IAI said: "We are proud and grateful for the Finnish government's decision to enter into a deal to acquire a sea-to-sea missile system from Israel Aerospace Industries, a strategic transaction of its kind for us in Europe and a significant breakthrough in our activities in this field.
"The choice made by the Finnish government was made after careful examination and examination of many competitors, and the choice of IAI attests more than anything else to our technological and systemic capabilities as world leaders in one of the most significant areas in the missile world."
https://www.themarker.com/markets/1.6246285
The company won a tender for five competing bids, including Boeing of the United States and the Swedish SAAB. The tender has an option for a continuation transaction worth € 193 million
Hagai Amit Email ThisBlogThis!
06.07.2018 15:21
Save 9 comments
A Gabriel missile is launched from a ship
The Gabriel missile is launched from the Clandestine Immigration and Navy Museom, Haifa
The Finnish government announced on Friday that it had chosen IAI's Gabriel missiles to replace Finland's sea-to-sea missile system. The value of the missiles to be sold to Finland is 162 million euros with an option for a continuation transaction worth 193 million euros.
Gabriel missiles are guided missiles installed on ships as a means of attacking other vessels. IAI won the tender after competing with bids from the Norwegian company NSM, MBDA of France, SAAB of Sweden and Boeing of America.
An experiment in the Israeli naval missile - Skip
An experiment in the Israeli naval missile - Skip
The purchased systems will include rocket launchers, simulators for training in fire, equipment for testing missiles, spare parts and training of the Finnish army in operating the system. The missiles will be delivered between 2019 and 2025. System maintenance will be carried out in Finland, and according to the Finnish government, the acquisition will generate 180 jobs over the next 30 years.
In response to the award, IAI said: "We are proud and grateful for the Finnish government's decision to enter into a deal to acquire a sea-to-sea missile system from Israel Aerospace Industries, a strategic transaction of its kind for us in Europe and a significant breakthrough in our activities in this field.
"The choice made by the Finnish government was made after careful examination and examination of many competitors, and the choice of IAI attests more than anything else to our technological and systemic capabilities as world leaders in one of the most significant areas in the missile world."
https://www.themarker.com/markets/1.6246285
