Israeli Defense Firm Elbit, US Air Force Sign $471 Million Contract
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by JNS.org
JNS.org – The Israeli defense firm Elbit announced last week that its US subsidiary has signed a contract with the US Air Force worth up to $471 million.
Over a 10-year period, Elbit Systems of America will equip F-16 fighter jets belonging to the US Air National Guard and US Air Force Reserve Command with pylon-based infrared missile-warning systems. The work will be performed in Fort Worth, Texas, where Elbit’s US subsidiary is based.
The contract includes an initial order valued at around $17 million.
Elbit has disclosed more than $1 billion in contracts since the start of 2020, according to The Times of Israel.
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