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Won $ 74 million in contracts to provide aerial armaments from the Procurement and Programs Administration of the Ministry of Defense (National Acquisition Program Administration) of the Republic of South Korea. The contracts will be executed over a period of five years.
Yehuda (Udi) Vered, CEO of the Land and IMI Division of Elbit Systems: “We are seeing an increase in demand for our diverse portfolio of armaments while air forces are looking for more sophisticated and influential fire capabilities.”
Elbit closes the week with deals worth more than $ 250 million, last night the company announced that its subsidiary, Elbit Systems England, has won a contract worth about $ 100 million (about £ 73 million) from Systems UK Ltd. Elbit Provide the Royal Navy with new electronic warfare capabilities as part of the first extension of the Maritime Electronic Warfare System Integrated Capability (MEWSIC) program, which will be performed over a 13-year period and will include support services.
As part of the program, Elbit Systems England will design, manufacture and deliver marine electronic warfare suits consisting of a full digital spectrum of electronic aid radar and electronic warfare control and monitoring systems. Their abilities to take advantage of the electromagnetic environment.
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