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Home Economy Business & Finance

Elbit Systems wins $53M contract from navy in Asia

"There is a growing demand for our maritime solutions. I believe that the unique combination of a diverse portfolio of operational systems and groundbreaking technological innovation enables us to effectively address the evolving needs of maritime forces," Elbit official says.

by  Reuters and ILH Staff
Published on  07-02-2020 08:35
Last modified: 12-19-2021 10:01
Elbit Systems wins $53M contract from navy in AsiaReuters/Baz Ratner

The contract attests to Elbit's competitive advantage, top exec says | File photo: Reuters/Baz Ratner

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Israeli defense technology giant Elbit Systems said on Wednesday that it was awarded a contract valued at $53 million to provide and integrate intelligence suites onboard vessels of the Navy of a country in Southeast Asia.

The contract will be carried out over two years. It did not name the Asian country.

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Under the contract Elbit "will equip several vessels with suites that provide the capability to perform complex reconnaissance missions, generating an operational picture of the air, surface, and underwater domains. The program also includes maritime radars and satellite communication capabilities," it said in a statement posted on its website.

The company will also provide training services to its client.

Elad Aharonson, general manager of Elbit Systems ISTAR Division, said, "There is a growing demand for our maritime solutions. I believe that the unique combination of a diverse portfolio of operational systems and groundbreaking technological innovation enables us to effectively address the evolving needs of maritime forces."

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