(NSI News Source Info) (MENAFN) - December 27, 2008: Elbit Systems and
Israel Aerospace Industries (IAI), two major Israeli defense contractors, announced that they have closed a $141 million deal with the Turkish Air Force to supply it with combined airborne imagery intelligence systems, Reuters reported.
Israel Aerospace Industries (IAI), two major Israeli defense contractors, announced that they have closed a $141 million deal with the Turkish Air Force to supply it with combined airborne imagery intelligence systems, Reuters reported.The companies said that $87 million of the contract is for Elbit, while the remaining $54 million will be to the government-owned IAI. The prime contractor of the project is Aselsan, the Turkish military electronics manufacturer.
It is worth mentioning that Electo-Optics, of Elbit Systems, and Elta Systems, IAI unit, will delever the project in a four-year period, according to the contract.

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