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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