Tuesday, February 9, 2021
Elbit Systems Awarded $46 Million Contract to Supply Armored Personnel Carriers to a Country in Asia-Pacific
Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems” or “the Company”) announced today that it was awarded a contract valued at approximately $46 million to supply VBTP 6X6 Armored Personnel Carriers (“APCs”) to the army of a country in Asia-Pacific. The contract will be performed over a three-year period.As the prime contractor, Elbit Systems will supply the VBTP 6X6 wheeled APCs that were developed by Iveco Defence Vehicles (“Iveco”) in cooperation with the Brazilian Army.The VBTP 6X6 APCs will be equipped with Elbit Systems’ turrets and a range of the Company’s subsystems including electric drive and stabilization systems, fire control systems, TORCH-XTM battle management systems, E-LynXTM software defined radio systems, gunner and commander sights as well as life support systems.
Yehuda (Udi) Vered, General Manager of Elbit Systems Land, commented: “We are pleased with our continuous co-operation with Iveco, particularly with our capacity to contribute to the export efforts of the Brazilian defense industry. We believe that our strong portfolio of subsystems positions us advantageously to lead procurement programs of armored vehicles, especially as the missions they are tasked with become more diverse and increasingly networked.”
First F-35A Aircraft has been Inducted into BAE Systems Australia’s (BAESA) Maintenance Depot
The first F-35A aircraft has been inducted into BAE Systems Australia’s (BAESA) maintenance depot as part of the next major milestone in the Joint Strike Fighter Program.Prime Minister Scott Morrison said the F-35A fleet was now 33 strong and ready to deploy on operations.“This is about protecting and securing Australia’s interests but it’s also creating jobs and driving investment right here in the Hunter and across the country too,” the Prime Minister said.
“This induction demonstrates the world leading capability of our local defence industry here in Australia.“We want to give as many opportunities to Australian companies as possible which is why there’s already more than 50 local companies sharing in $2.7 billion worth of contracts as part of the F-35 Program.“As we recover from the COVID recession a key plank of our Economic Recovery Plan is our $270 billion investment in Defence capability over the next decade and our $65 billion commitment in air capabilities which includes the Joint Strike Fighter Program. This investment is keeping Australians safe and secure while creating more jobs and more opportunities for businesses.”After being selected as the maintenance, repair, overhaul and upgrade depot for the Southeast Asia region, the BAESA facility will host Australian F-35A aircraft and in future other nations’ F-35 aircraft.The Program is progressing on budget and on schedule and the aircraft is undergoing routine structural modifications to improve the airframe, ensuring it reaches full life, and align it with newer aircraft.Minister for Defence Linda Reynolds CSC said up to four Australian F-35A aircraft were expected to undergo routine maintenance at BAESA’s facility this year, demonstrating the significant boost the Program was having on the local Hunter economy.“The Morrison Government is unashamedly committed to building a robust sovereign defence industry,” Minister Reynolds said.“We are building our sovereign defence capabilities. We now have 41 fully trained RAAF pilots, nine of whom trained on home soil at RAAF Base Williamtown. We also have more than 225 trained technicians as the RAAF’s F-35A maintenance capability continues to develop.”
This progress is being supported through the sovereign Training Support Services contract awarded to Lockheed Martin Australia, worth approximately $70 million. It will see more than 70 personnel employed at RAAF Base Williamtown and RAAF Base Tindal.“This demonstrates the extraordinary opportunities this program is providing for Australians and the economy, especially as it continues to bounce back from COVID-19,” Minister Reynolds said.Minister for Defence Industry Melissa Price said the program had helped the people of the Hunter region weather the impact of the economic impact of the pandemic.“In 2020, job losses in the aeronautics industry due to COVID-19 resulted in the closure of Jetstar’s aircraft maintenance facility here in Newcastle, and many other regional facilities,” Minister Price said.
“BAESA recently hired 25 former Jetstar employees who had been made redundant as a result of the pandemic.“Not only have these technical workers been retained in the local Hunter aviation industry, but they will also help Defence build its sovereign sustainment capability as the fleet continues to grow.”
Monday, February 8, 2021
-
The UK Ministry of Defence (MoD) has confirmed plans to temporarily replace two Bell helicopter types operated in Brunei and Cyprus with ...
-
The Dzhigit support launching unit (SLU) is designed for a single operator to mount, aim and launch two Igla or Igla-S MANPADS missiles in ...
-
USS Gerald R. Ford (CVN 78) had its first Air Intercept Control (AIC) event on Jul. 30 and the aircraft carrier’s crew directed F/A-18s from...