Elbit Systems Ltd., an aerospace and defense company, has recently been awarded a contract worth nearly $1.65 billion (over €1.375 billion). This contract is regarding the establishment & operation of the Hellenic Air Force’s International Flight Training Center, which is a part of a deal inked between the Hellenic Ministry of National Defense and the Israeli Ministry of Defense. It will be performed over the next 20 years and include price indexation.
As per the new contract, Elbit Systems is obligated to supply its new M-346 training aircrafts as well as maintain the entire training fleet that comprises of dozens of M-346 & T-6 training aircrafts for around 20 years. Moreover, the defense electronics company will deliver its latest advanced EVA (Embedded Virtual Avionics) for the training aircraft, networked flight simulators & an array of GBTS (Ground-Based Training Stations), and command & control systems to allow an efficient flight training operation management.
Elbit Systems has been functioning as an international high technology company with significant contributions to a range of homeland security, defense, and commercial programs across the globe. The company operates in various fields including munitions, cyber-based systems, radios, data links & communications systems, signal intelligence systems, EW suites, electro-optic space systems, advanced electro-optics, unmanned aircraft systems, control, communications, and aerospace. Other key focus areas include the upgradation of the existing platforms, development of new defense technologies, homeland security & commercial applications, as well as delivery of support services like training and simulation systems.
According to Elbit Systems’ CEO & President, Bezhalel (Butzi) Machlis, the company is thrilled to have been awarded the new contract to support the Hellenic Air Force. This contract award highlights its leading position in the field of pilot training solutions. It has been significantly offering proven technologies and tested know-how that will help ensure operational readiness as well as reduce costs.