Elbit to Establish Israeli MOD's Communications Equipment Supply
- Upgrade and Maintenance Project Valued at Approximately $280 Million
- The IMOD and the IDF Will Benefit from Rapid Supply of Highly Advanced, Operationally Available and Cost Effective Communication Systems
- A Key Part of the Project Will be Performed in the Southern Israeli City of Arad, Providing Employment for Dozens of Local Residents
The military communications project is an IMOD's efficiency initiative, aimed at establishing a supply arrangement for advanced, operationally available and cost effective communication systems for the IDF.
Military Electro Optical Infra-Red (EO/IR) Systems Market Forecast 2014-2024
Joseph Ackerman, President and CEO of Elbit Systems said: "The project we are establishing is a part of the IMOD's initiative to outsource the revamping of the IDF's communications inventory in order to make it more efficient. We intend to leverage our extensive operational experience and know-how in performing similar outsourcing projects for customers worldwide, in order to provide the IMOD and the IDF with the most high quality and cost-effective communications solution. A key part of the project will be performed in a development area, as part of the Israeli Government's policy to develop industries in the periphery, providing employment for dozens of local residents."
Source : Elbit Systems Ltd.