Elbit Systems Awarded $27 Million Contract to Upgrade Romanian Air Force's IAR-99 Aircraft
Elbit Systems has secured a $27 million contract from Avioane Craiova S.A. for a four-year upgrade program of the Romanian Air Force's IAR-99 Standard trainer aircraft. The project will enhance the aircraft with advanced avionics systems, enabling better pilot training for advanced fighter jets like the F-16. This initiative continues Elbit's collaboration with the Romanian military, following previous technology deliveries. Yoram Shmuely, General Manager of Elbit Systems Aerospace, expressed honor in supporting the RoAF through this upgrade.
- Secured a $27 million contract for upgrading IAR-99 aircraft.
- Enhancements will improve pilot training for advanced fighter jets.
- Continues collaboration with Romanian military, strengthening relationships.
- None.
HAIFA, Israel, Dec. 14, 2020 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at approximately
Under the contract, Elbit Systems will equip the IAR-99 Standard aircraft with advanced avionics systems and live training Embedded Virtual Avionics system as well as Close Air Support and Air to Air capabilities. This technology upgrade will facilitate an effective transition of RoAF pilots to the operation of advanced fighter aircraft such as the F-16.
Yoram Shmuely, General Manager of Elbit Systems Aerospace, commented: "We are honored to provide continued support for the RoAF. This upgrade program follows a range of technologies delivered by Elbit Systems to the RoAF in collaboration with Romanian companies, including large scale upgrades for various fixed-wing aircraft as well as the supply of advanced capabilities for rotary-wing aircraft."
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial 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, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
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SOURCE Elbit Systems Ltd.
