Israel Aerospace Industries Awarded an IMOD Contract Valued at $28 Million for Command and Control (C2) Systems
Nov 26, 2008
The MLM Division of the Systems Missiles and Space Group of Israel Aerospace Industries (IAI) has been awarded a $28 million contract from Israel’s Ministry of Defense for advanced Command -and-Control (C2) Systems.
IAI's knowledge and experience in the field of C2 and C4I systems span decades and continues to deepen as development of newer systems proceeds. It is expected that this will enable IAI to win additional local and international programs, in both military and civil markets.
Itzhak Nissan, IAI's President and CEO commented: "This significant contract is a vote of confidence in IAI’s MLM Division and its employees who conducted highly-rated design reviews and demonstrations prior to signing of the contract. This award is one of many international achievements in the development and marketing of C4I systems which will continue to strengthen IAI's position as a world leader in this discipline".
Israel Aerospace Industries sales for the third quarter of 2008 reached $877 million, compared with $797 million for the third quarter of 2007, an increase of 10 per cent.
IAI's back log of orders totaled approximately $7.44 billion as of September 30, 2008.
MLM Division of the Systems Missiles and Space Group is the leading systems integration house of Israel Aerospace Industries Ltd. (IAI). As a multifaceted design, development, and systems engineering organization, MLM has the experience, knowledge and capabilities to leverage its cutting-edge technologies to deliver systems that are among the most advanced in the world.
For further information, please contact:
Doron Suslik
Deputy Corporate Vice President for Communications
Tel: 972 (3) 935-8509
Fax: 972 (3) 935-8512
Email: hpaz@iai.co.il
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