Plasan Gets Another Armor Contract For The MRAP-ATV
Filed under: Business Line, Companies, Contract Awards, Countries, Department of Defense, Events, Israel, Oshkosh Truck Corp, Plasan, Services, logistics, production program
Oshkosh builds the MRAP-ATV for the U.S. military for use in Afghanistan. This is a lighter, more maneuverable Mine Resistant Ambush Protected (MRAP) vehicle then the older designs. They utilize the Israeli company, Plasan, to make armor kits for these vehicles. Because the U.S. has been buying billions of dollars worth of the vehicles Plasan as well has been receiving substantial contracts as well.
The company announced yesterday a further $170 million contract to build 1,460 kits. Plasan has been growing steadily as the world’s demand for armored vehicles, especially those optimized for protection against IED and mines, has also grown. As the U.S. and its allies build out their fleets of vehicles ultimately demand will decline. The MRAP market has already seen some changes as the focus of effort shifted from Iraq to Afghanistan and will again as the U.S. ends its commitment there.
Turkey To Go Ahead With Israeli UAV Deal
Filed under: Business Line, Companies, Countries, Elbit, Events, IAI, Israel, Military Aviation, Turkey, production program
The Turkish Government announced yesterday that they are willing to take delivery of six of the ten Unmanned Air Vehicles (UAV) reconnaissance systems purchased from Israeli companies. The six systems passed performance tests and this will allow Israel to ship them to Turkey. Another four systems that were part of the contract will have to pass similar tests to be delivered.
Israel has been progressively trying to sell equipment to foreign customers and has had some success with Turkey and India. This contract was let five years ago and was a major coup for Elbit and Israel Aerospace Industries (IAI) when they won it. Some development issues have led to the long delivery period. Israel’s defense establishment hopes to garner further sales of such equipment as these UAV demonstrate their capabilities for Turkey.
DSIT Awarded Orders Totaling to More Than US $6,000,000, Including a US $4,400,000 Contract to Supply Its AquaShield(TM) Diver Detection Sonar Systems for Underwater Security — Press Release
Filed under: Business Line, Companies, Countries, Events, IT, Israel, Press Releases
DSIT Awarded Orders Totaling to More Than US $6,000,000, Including a US $4,400,000 Contract to Supply Its AquaShield(TM) Diver Detection Sonar Systems for Underwater Security
GIVAT SHMUEL, Israel, Feb. 4 /PRNewswire-FirstCall/ — DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc. (NASDAQ:ACFN) , has been awarded a contract to supply its AquaShield(TM) Diver Detection Sonar (DDS) systems for the protection of several coastal and offshore installations. The contract value is just over US $4,400,000. The AquaShield(TM) underwater security systems are intended for permanent installation to provide superior underwater intruder detection.
The AquaShield(TM) diver detection system is a long-range fully automatic underwater security system. The system was specifically designed to provide maritime security for marine sites such as ports, power plants, oil and gas terminals and offshore rigs. The system adapts to the unique underwater topology, sea conditions and inherent sea life at each specific site.
Dan Ben-Dov, VP Sales & Marketing said, “This is one of the largest orders DSIT has received for its AquaShield(TM) systems to date. It is our understanding that DSIT is leading the world market for diver detection systems in terms of total value of sales in the past two years. Our customer base now includes government authorities, navies, security integrators and a growing and very important market – energy companies. With more than 3,000 coastal energy terminals and ports around the world we are very excited about the potential for growth. It is also gratifying that we are beginning to see returning customers indicating that our operational concept, products and service are meeting or exceeding their expectations.”
The AquaShield(TM) DDS is unique among underwater intruder detection systems. Its concept of operation relies upon two basic elements: adequate response time and fully automatic operation. The system locates Swimmer Delivery Vehicles (SDVs), swimmers and divers at very long ranges of up to 1,500 meters; thus providing sufficient time to respond to the threat. The system’s fully automatic operation mode that operates without human intervention means better performance at lower operating costs. Security personnel are only alerted when the automatic alarm indicates and tracks the underwater intruder.
“The significant growth in the field of diver detection systems at DSIT, along with the rest of the company’s sonar and acoustic products, has been happening at a very fast pace,” added Benny Sela, CEO at DSIT. “In the last year we have had to work hard and efficiently to meet the growing demand and our delivery commitments.”
In addition to the AquaShield underwater security system contract, the company also announced the award of several project contracts totaling close to $2M that have been signed during the last two quarters. The projects were ordered by return customers who have ordered similar software and hardware solutions from DSIT in the past; some of the projects have potential for substantial follow on production orders. The customers are both Israeli and foreign.
About DSIT
DSIT develops sonar and acoustic solutions and acts as a system integrator for advanced Security and Safety Command and Control systems. The Company’s offerings are designed to provide the latest in technology and its intelligent application for the energy, commercial, defense and homeland security markets. The Company’s offerings include: PortView Harbor Surveillance System (HSS), AquaShield(TM) Diver Detection Sonar (DDS), Sonar Simulators and Trainers, Mobile Acoustic Ranges (MAR), Underwater Acoustic Signal Analysis (UASA) systems, and Sonar Upgrade Programs (SUP). For more information visit www.dsit.co.il.
About Acorn Energy, Inc.
Acorn Energy, Inc. is a publicly traded holding company focused on improving the efficiency and environmental impact of the energy infrastructure, fossil fuel and nuclear industries. Our operating companies leverage advanced technologies to transform the existing energy infrastructure. Acorn’s strategy is to take primarily controlling positions in companies led by great entrepreneurs and add value by supporting those companies with marketing, strategy and business development. Acorn Energy is a global company with equity interests in CoaLogix, Coreworx, DSIT and GridSense. For more information visit www.acornenergy.com.
Safe Harbor Statement
This press release includes forward-looking statements, which are subject to risks and uncertainties. For disclosure of additional risks and uncertainties which may affect DSIT’s business and prospects and Acorn Energy’s business generally, see the information under “Risk Factors” in Acorn Energy’s most recent Annual Report on Form 10-K as filed with the U. S. Securities and Exchange Commission.
CONTACTS
——–
Dr. Brandy Ben-Yosef
Marketing & Business Development Manager
DSIT Solutions Ltd.
+972 3 531 3333
marketing@dsit.co.il
——————–
Investor Contact:
Paul Henning
Cameron Associates
(212) 245-8800
Paul@cameronassoc.com
Elbit Systems Signs Agreement to Purchase Balance of Azimuth Technologies’ Shares — Press Release
Filed under: Business Line, Companies, Countries, Elbit Systems, Events, Israel, Press Releases
Elbit Systems Signs Agreement to Purchase Balance of Azimuth Technologies’ Shares
HAIFA, Israel, January 25/PRNewswire-FirstCall/ — Elbit Systems Ltd. (NASDAQ: ESLT) announced today, further to its announcement on November 12, 2008, that on January 24, 2010 a merger agreement was signed with Azimuth Technologies Ltd. (“Azimuth”) under which it will acquire the balance of Azimuth’s shares. In November 2008, Elbit Systems purchased 19% of Azimuth’s shares. Under the newly signed agreement Elbit Systems’ wholly owned subsidiary, Elbit Security Systems Ltd., will purchase the balance of Azimuth’s shares from Azimuth’s shareholders for a price of approximately $46.5 million (173 million shekels). In the event that prior to the merger Azimuth distributes a dividend in the amount of approximately $5.4 million (20 million shekels), the above mentioned consideration will be reduced by approximately $4.3 million (16 million shekels).
Under the terms of the merger agreement an amount of approximately $3.2 million (12 million shekels) of the above mentioned consideration will be held by a trustee for the purpose of indemnifying Elbit in accordance with the terms of the agreement and will be distributed, in whole or in part, to the shareholders at a later date as provided in the agreement.
The closing of the transaction is subject to approval by a general meeting of Azimuth’s shareholders as well as approval by the Israeli Antitrust Authority.
Azimuth is an Israeli company engaged mainly in the areas of satellite navigation systems (GPS), electro-optics and data communications, for defense, para-government and civil applications. The company’s systems are designed for target acquisition, fire coordination, navigation and orientation solutions, command and control as well as optical measurement systems for high accuracy. Azimuth has a subsidiary in the U.K. engaged in similar activities.
Joseph Ackerman, President and CEO of Elbit Systems, commented: “Azimuth is a leader in its areas of activity, with excellent employees and highly advanced technological capabilities complementing those of Elbit Systems Electro-Optics Elop.” Ackerman added: “The acquisition of the balance of Azimuth’s shares underscores our long-term strategy of growth through mergers and acquisitions of complementary companies with high synergistic value. The acquisition will provide us with added value in the satellite navigation field, and we expect that the combination of the new capabilities alongside our existing ones will further strengthen our position as a global leader in the electro-optics field in Israel and abroad.”
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems (“UAS”), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
For additional information, please visit us at: http://www.elbitsystems.com.
This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management’s expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation:scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others;differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
Contacts:
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, Head of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail: j.gaspar@elbitsystems.com
dalia.rosen@elbitsystems.com
IR Contact:
Ehud Helft / Kenny Green
G.K. Investor Relations
Tel: 1-646-201-9246
E-mail: info@gkir.com
Elbit Systems to Supply Various Types of Laser Based Systems Valued at $50 Million to the Israeli Ministry of Defense and to North American Customers — Press Release
Filed under: Business Line, Companies, Countries, Elbit Systems, IT, Israel, Press Releases, development program
Elbit Systems to Supply Various Types of Laser Based Systems Valued at $50 Million to the Israeli Ministry of Defense and to North American Customers
HAIFA, Israel, January 21/PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) announced today that it was awarded contracts in an aggregate amount of approximately $50 million to supply various types of laser based systems to the Israeli Ministry of Defense and to North American customers. The Israeli MoD will be supplied with laser systems, while in North America, Elbit Systems will supply two different customers with airborne laser systems. The orders were received by Elbit Systems Electro-Optics Elop Ltd. (Elop) and are to be delivered over the next two years.
Elop is a world leader in advanced laser technology, developing solutions based on diode-pumped lasers and fiber lasers, for applications such as laser designators, laser radars, and laser-based airborne defense systems. These technologies enable the implementation of high-quality, compact and lightweight laser systems for a wide range of applications.
Adi Dar, General Manager of Elbit Systems Electro-Optics Elop, commented: “We have been witnessing an increasing demand for advanced laser systems, mainly due to their ability to perform high precision identification and to prevent collateral damage”. Dar further noted, “In addition to laser systems designed for the use of Ground Forces, we have identified an increasing demand for airborne laser designators, a niche in which Elop has an extensive and robust portfolio of solutions”.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems (“UAS”), advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
For additional information, please visit us at: http://www.elbitsystems.com.
This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management’s expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation:scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others;differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
Breakthrough for Elbit Systems in the Unmanned Aerial Vehicles Field: Successful Maiden Flight for Elbit Systems’ Hermes(R) 900 UAV — Press Release
Filed under: Business Line, Companies, Countries, Elbit Systems, Events, Israel, Military Aviation, Press Releases, development program
Breakthrough for Elbit Systems in the Unmanned Aerial Vehicles Field: Successful Maiden Flight for Elbit Systems’ Hermes(R) 900 UAV
HAIFA, Israel, December 14/PRNewswire-FirstCall/ –
- The New Hermes(R) 900 Builds on the Rich Operational Experience of the Hermes(R) 450, Offering Additional Capabilities Such as Flight Altitude of Over 30,000 ft, Long Endurance, Large Payload Capacity (up to 300kg), Modular Design Allowing Fast Payload Replacement and Flight Capabilities in Adverse Weather Conditions Serial Production of the UAV Will Commence Shortly, Following Completion of Additional Test Flights
Elbit Systems Ltd. (NASDAQ: ESLT), announced today that its Hermes(R) 900 UAV completed a successful Maiden Flight and will commence serial production following the completion of additional flight tests.
The Hermes(R) 900 is based on the successful track record of the Hermes(R) 450, that has accumulated over 170,000 flight hours and is one of less than handful of UAVs in the world to cross the 100,000 operational flight hour’s barrier. The new Hermes(R) 900 offers additional key capabilities, such as longer endurance, flight altitude of more than 30,000 ft, large payload capacity (up to 300kg), modular design allowing fast payload replacement and flight capabilities in adverse weather conditions.
Hermes(R) 900 offers an advanced satellite communication channel and is operated from Elbit Systems’ universal command & control ground station (UGCS), enabling advanced mission management, automatic taxiing, autonomous flight and automatic takeoff and landing systems common to all the UAVs and in the Hermes(R) family.
The Hermes(R) 900 also includes innovative avionics and electronic systems and a silent engine, as well as systems required for flight in a combined civil and unmanned aviation area. The new UAV offers additional cutting edge technologies and applications such as electro-optic systems, laser designators and electronic intelligence sensors (ELINT, COMINT).
Haim Kellerman, Co-General Manager of Elbit Systems UAS Division, noted that the Hermes(R) 900 broadens out the Elbit Systems UAS portfolio, offering customers a variety of mission capabilities, from the mini-UAV system designed for the soldier level, through battalion-level UAVs, and up to higher chains of command for both Armies and Air Forces. The operational experience accumulated by the Hermes(R) systems for the Israeli Defense Forces and other leading armies worldwide, as well as the ongoing improvements based on its operational track record, have maintained this UAV family’s leadership in performance, reliability, variety of mission-oriented payloads and more. Kellerman further noted that the fact that the Hermes(R) 900 builds on existing applications and similar infrastructure of the Hermes(R) 450, allows Elbit Systems to transfer the new UAV directly into serial production. Elbit Systems is enhancing its production abilities in order to meet the growing demand of this new addition to the Hermes(R) UAV family.
To download the Hermes(R) 900 Maiden Flight Video copy the following link to your browser: http://dl.dropbox.com/u/457672/HERMES900%20flight.wmv
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications. For additional information, please visit us at : http://www.elbitsystems.com.
Contacts:
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, Head of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail: j.gaspar@elbitsystems.com
dalia.rosen@elbitsystems.com
IR Contact:
Ehud Helft / Kenny Green
G.K. Investor Relations
Tel: +1-646-201-9246
E-mail: info@gkir.com
Israel To Buy The F-35 If Their Conditions Met
Filed under: Business Line, Companies, Contract Awards, Countries, Department of Defense, Events, FMS, Israel, Lockheed Martin, Military Aviation, Services, U.S. Air Force, development program, production program
Israel would like to buy the F-35 Joint Strike Fighter (JSF) to add modern, stealthy aircraft to its fleet of F-15 and F1-6 aircraft. As with the previous generation of United States aircraft they would also like the ability to integrate their own electronics and weapon systems on it. The Israelis have done this with all the weapons they have bought or captured over the years.
They rely on their own sophisticated defense industry to develop systems that they would like to put on the various platforms that they operate. The U.S. has resisted the Israeli requests in a bid to protect the technology and systems developed for the F-35. The Israelis have been negotiating this issue for several months and have won most of what they want but the desire to put their own electronic warfare system has things stymied. The U.S. will allow radar and weapons to be added but do not want to open the software at that level to Israel.
The contract could be for up to seventy-five aircraft total making Israel one of the largest purchasers and would certainly help the program facing budget issues and delays. The more that the U.S. is able to sell overseas the lower the average price of an aircraft will be. It behooves the U.S., Lockheed Martin and Israel to work out some sort of deal as the advanced capability of this aircraft will only help Israel in the future.
Israel To Provide Naval SAMS to India
Filed under: Business Line, Companies, Contract Awards, Countries, Events, India, Israel, Military Aviation, missile defense, production program
It is reported that the Indian Government is planning on signing a deal with Israel to provide Barak naval Surface-to-Air Missiles (SAMS). The reported contract is worth over $1 billion. Israel has long made efforts to export its indigenous arms in order to facilitate their development and lower the cost to the domestic military. India has turned to non-traditional arms suppliers in an effort to upgrade the technology levels of their equipment.
In the past India has purchased a great deal of weapons from Russia and England while trying to develop its own arms industry. Now it is buying from the United States and Israel. The Israelis have already signed a large deal for modern airborne radar and surveillance aircraft. They had also bought land based SAMs as well from Israel. This deal if it goes through will provide a significant capability to the Indian Navy.
More MRAP-ATV Work For Vermont’s Plasan
Filed under: Business Line, Congress, Contract Awards, Countries, Events, Israel, Plasan North America, Services, U.S. Army, Vermont, logistics, production program
This Summer Oshkosh was awarded the new Mine Resistant Ambush Protected (MRAP) ATV contract to begin building new, lighter vehicles for use in Afghanistan. This is a multi-billion contract for several thousand of the lighter, more maneuverable vehicles. Obviously Oshkosh must then add awards to its suppliers.
One of the key ones is Plasan North America located in Vermont that builds armor plate for the new vehicle. Plasan is an Israeli based company that has expanded into the United States. The Israeli military has long experience with the kinds of vehicles like MRAP in their low level fighting in Lebanon, Gaza and the West Bank. As Oshkosh makes their contracted 4,000 vehicles Plasan will make armor for them. The company is planning to expand its plant and hire more people as work ramps up.
Of course like all military contracts it will end one day and that may lead to plant closings and lay offs unless other work can be found. This is what BAE Systems is facing in Sealy, TX after losing a truck contract. This unfortunately is what the military procurement system does as it only the ability to support so many procurement programs at once.
Israel Buying Armored Trucks In The U.S.
Filed under: Alabama, Arotech, Business Line, Companies, Countries, Earnings, Events, Israel, Michigan, States, logistics, production program
Arotech Corporation of Michigan reported their recent quarterly earnings. The company still performed at a loss but compared to the same quarter last year saw strong improvement. The company almost halved its loss from $1.9 million to $1 million on revenues that were up almost $3.5 million.
One of the prime reasons for this growth in revenues was the sale of armored trucks, the David, to Israel. The company also makes simulators and armored plate for the military market as well as some commercial products. It’s subsidiary, MDT Armor Corp, makes the David in Alabama.
Israel like the U.S. and its allies in Afghanistan and Iraq faces a significant mine and Improvised Explosive Device (IED) threat. The provision of a armored truck makes sense as they must move supplies and troops by road along dangerous borders with the Gaza Strip or West Bank. The David is considered an “ultra light armored personnel carrier” that can defeat small arms and grenades as well as lighter IED attacks. The market for these kinds of vehicles is fairly significant as they can be used for internal security missions as well as light combat duty.
Unfortunately there are many parts of the world where military and police face these kind of threats from terrorist and insurgent groups. The David is one of several kinds of vehicles that would be useful in these kind of situations to move small groups of troops or supplies.
Israel Procures New Trainer Aircraft
Filed under: Business Line, Companies, Contract Awards, Countries, Elbit Systems, Events, Israel, commercial aviation, logistics, training
The Israeli Air Force has procured Beechcraft T-6 trainers. These will replace the old Fouga Magistar aircraft used for the last several decades to start the training of Israeli pilots. The Israeli defense contractor Elbit Systems was awarded a contract to provide for the support of these new aircraft.
These two events mirror a trend in the U.S. and England where the trainers used are turbo-prop rather then jets. The use of Contractor Logistics Support (CLS) for training fleets has also gained ground in these two countries. This is because you have a fixed fleet in a non-combat location. There are many benefits to CLS in the areas of cost and reduction in the support tail. Israel has used Elbit for support of training systems for the last seven years. Elbit hopes like all defense contractors to be able to use this experience to win contracts overseas.
Israel Moves Out On F-35
Filed under: Australia, Business Line, Companies, Congress, Contract Awards, Countries, Department of Defense, Events, Israel, Japan, Lockheed Martin, Military Aviation, Services, U.S. Air Force, development program, production program
It is being reported that the U.S. and Israel have come to an agreement on the purchase of the JSF by that country. There had been some rumors in the past that Israel would not be able to get the advanced fighter due to demands that they be allowed to modify the technology with their own. Israel commonly modifies their equipment with indigenous produced systems and weapons.
The initial buy will be for twenty-five aircraft and expected delivery is sometime in 2014. Congress must still approve the request but normally has no issues with sales to Israel of U.S. weapon systems.
Over the last twenty years the U.S. has placed more-and-more restrictions on technology transfers to other countries with worries that the technology sold will end up in unapproved hands. There are often restrictions on what the buyers can do or access with their systems. Israel’s history of modifying and using the foriegn technology they purchase may have caused second thoughts about selling to them although they have been involved with the JSF since almost program inception.
The JSF will be used by a variety of countries across the globe as it is designed as a replacement for the F-16 and is the only modern U.S. aircraft available for export. Australia and Japan are in discussions with the U.S. about buying F-22 as they would like an aircraft with longer range among other things. Right now the sale of the F-22 is prohibited by law but some in Congress are looking at changing that to keep the production going.
E-2D Program Moves Forward
Filed under: Business Line, Companies, Contract Awards, Countries, Events, Federal Budget Process, Florida, Israel, Japan, Military Aviation, Northrop Grumman Corp., Services, States, U.S. Navy, development program, missile defense, production program
The Navy’s new carrier based radar search and surveillance plane the E-2D had a successful Milestone C Low Rate Production Decision. The aircraft is an incremental upgrade to the existing E-2C. The Advanced Hawkeye program has made steady progress over the last several years and the production decision is a major advance for it and any defense acquisition program.
The company and its team has been awarded contract worth about $430 million to deliver the first four aircraft. The development aircraft had first flown back in late 2007. There has also been discussion of selling the aircraft to selected overseas customers. Right now the E-2C is used by Israel, Egypt, Japan and Singapore among others.
Canadian Frigate Upgrade Goes International
Filed under: Business Line, Canada, Contract Awards, Countries, Elbit, Elbit Systems, Events, IT, India, Israel, production program
The Canadian Navy is conducting a modernization program for their Halifax class frigates. Lockheed Martin Canada has won the contract to upgrade the electronics and command and control systems on board the ships. As part of this that company awarded the Israeli based Elbit Systems subsidiary, Elisra Systems, a contract for electronic warfare equipment.
That contract is worth about $55 million. Israel has had to develop a fairly sophisticated indigenous arms industry that covers all aspects from large weapon systems to small arms to electronics. In the last few years those companies have started to win foreign contracts. India recently has turned to Israel for an Airborne Early Warning (EAW) system. This contract demonstrates how capable the Israeli industry is, and is probably a sign of more such contracts to come.
Boeing-IAI Missile Defense Interceptor Shoots Down Target in Test – Press Release
Filed under: Boeing, Business Line, Companies, Countries, Events, IAI, Israel, development program, missile defense
Photo Courtesy of Israel Aerospace Industries.
HUNTSVILLE, Ala., April 29, 2009 — The Boeing Company [NYSE: BA] built part of the Arrow II interceptor that successfully shot down a ballistic missile target April 7 in a test of Israel’s national missile defense system. The operationally realistic test, conducted in Israel by the Israel Ministry of Defense and the U.S. Missile Defense Agency, used an interceptor co-produced by Boeing and Israel Aerospace Industries (IAI) and equipped with new capability enhancements.
“This successful test underscores the effectiveness of the cooperative relationship we have forged with IAI on the Arrow program and other international missile defense initiatives,” said Greg Hyslop, vice president and general manager of Boeing Missile Defense Systems. “Boeing is proud to co-produce Arrow II interceptors, which provide the state of Israel with a proven defense capability against ballistic missile threats.”
The event marked the co-produced Arrow II’s second intercept in two attempts, as well as its third successful flight test. The Arrow II is part of the Arrow Weapon System, which Israel and the United States have jointly developed to defend Israel against the growing threat of short-and medium-range ballistic missiles.
Under an agreement with IAI, the prime contractor for the Arrow Weapon System, Boeing provides several Arrow II interceptor components, including the Section II electronics assembly (part of the avionics and guidance subsystem); the nose cone; the canister assembly that houses the interceptor; electrical subsystems; and motor cases. IAI is responsible for system integration and final interceptor assembly in Israel.
Boeing’s major suppliers on Arrow II are Alliant-Techsystems (ATK) of Iuka, Miss., and Clearfield, Utah; Manes Machine, of Fort Collins, Colo.; Patterson Machine, of Union Grove, Ala.; and Sanmina-SCI, of Huntsville, Ala.
A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world’s largest space and defense businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32 billion business with 70,000 employees worldwide.
###
Contact Info:
Marc Selinger
Boeing Missile Defense Systems
(703) 414-6138
marc.selinger@boeing.com
Chuck Cadena
Boeing Missile Defense Systems
(703) 872-4503
chuck.cadena@boeing.com
Israel Buys More UAV’s
Filed under: Business Line, Contract Awards, Countries, Elbit, Events, Israel, Military Aviation, production program
Fresh off the recent successful use of UAV in support of operations against Hamas in Gaza, the Israeli government awarded Elbit Systems a contract for more Skylark 1 systems. The press release is carried at PRNewswire.com. The contract will also buy logistics support and training for the system. The value of the contract is about $40 million.
Indian Offset Policy Leads to Israeli Contract
Filed under: Astra Microwave, Contract Awards, ELTA Systems, IT, India, Israel, Military Aviation, production program
Israeli company ELTA Systems placed a contract with Astra Microwave worth about $11 M for components. This is due to the offset provisions in Indian law for foreign firms winning contracts. MarketWatch.com has the press release. Israeli companies won a major contract to provide airborne radar and surveillance aircraft from India recently and this award may be an offset for that contract. Read more
US announces Israeli JSF buy
Filed under: Contract Awards, Department of Defense, FMS, Israel, Lockheed Martin, Military Aviation, production program
The US Department of Defense announced that Israel has agreed to buy 25 F-35 Joint Strike Fighters (JSF) and support. The contract is worth about $15 B. While eight partner countries will also fly the JSF, Israel becomes the first FMS customer. The JSF will be a short take-off and landing aircraft to replace F-16 and AV-8 aircraft.
See the story at Rueters.com.
Israel passes Britain to become fourth largest defense exporting country
According to this article in 2007 Israel passed Britain to become the fourth largest defense exporting country. They follow the US, Russia and France now. The two biggest customers are the US and India. The recent win of the Indian AWACS contract, reported here, had a great deal to do with that. The Israeli government and industry have made major strides in recent times increasing their exports rather then just focusing on domestic needs.
Israel to equip IL-76 with AWACS for India
Filed under: Contract Awards, India, Israel, Military Aviation, production program
India has placed an order for 3 more Phalcon Airborne Warning & Control System (AWACS) aircraft. See the story here. IAI will modify the aircraft procured from Uzbekistan with their Phalcon system. India previously ordered three IL-76 AWACS aircraft from Russia. These three aircraft from IAI may end up being their largest contract ever with any source, worth potentially $2 B. Read more
Israeli company BVR Systems wins tactical trainer contract
An unknown international customer ordered from BVR Systems a set of their Naval Tactical Trainer (NTT) system. See the story at CNNMoney.com for more information. The $3.2 M contract will buy one of the most advanced training simulators in the world. It consists of a series of suites that simulate sensor and weapon systems that are integrated. For more on the company see this.
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