This news is classified in: Defense Contracts Military Aircraft MRO
Dec 20, 2017
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that its subsidiary, Elbit Systems of America LLC ("ESA"), through its wholly-owned subsidiary M7 Aerospace LP ("M7 Aerospace"), was awarded a contract from DynCorp International Inc. to provide Life Cycle Contractor Support (LCCS) for the U.S. Army's C-26 and UC-35 aircraft fleet. The award is for a one-year base period of up to $25 million and additional five single year option periods. If all options are exercised, the total contract value will be up to $176 million. Services will be managed in San Antonio, Texas.
This contract reinforces ESA's U.S. market position as a leading provider of life-cycle support for aircraft and ground platforms. ESA offers a full range of reliable sustainment and support solutions. These include contractor logistics support (CLS) and engineering, maintenance, repair and overhaul (MRO) services. ESA has a 25-year history of providing support to U.S. military customers while M7 Aerospace consistently earns exceptionally high mission capable ratings on its CLS programs.
"ESA is a trusted, proven supplier of sustainment and support solutions for many U.S aircraft and land vehicles," said Raanan Horowitz, President and CEO of Elbit Systems of America. "We bring a commitment to listen and work closely with our customers and then deliver exceptional turn-key logistics solutions to support their missions."
Trends, opportunity and forecast in aerospace and defence additive manufacturing market to 2030 by technology (FDM, DMLS, SLA, CLIP, SLS, and others), type (metal alloy, plastic, rubber, and others), application (engine components, space components, structural components, defense equipment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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