IAI signs $350m special mission aircraft contract from European country

Israel Aerospace Industries 10062020
Israel Aerospace Industries 10062020

Israel Aerospace Industries has received a $350 million special mission aircraft contract from a major European country. The contract will be executed by IAI’s ELTA Systems.

IAI delivered special mission aircraft to Israel Defence Forces (IDF) and numerous countries worldwide, and are considered to be strategic assets. IAI is one of a select few companies that have these technology capabilities in-house.

The company achieved a major breakthrough in special mission aircraft thanks to advanced sensor miniaturisation technology coupled with AI and machine learning software applications, allowing high-performance business jets to be used as special mission Aircraft.

Previously, most of the special mission aircraft in the world were based on converted cargo or passenger planes.

Gideon Landa, ELTA VP and GM Airborne Systems, commented: “As part of IAI’s strategy, we are bolstering our presence in Europe for leveraging our business and extending cooperation. IAI’s Special Mission Aircraft offer advanced and unique technological capabilities to meet a broad range of most demanding intelligence missions. Europe represents a strategic business region for IAI, and we will continue to broaden our products and services to bring our unique technologies to the benefit of our customer’s evolving operational requirements.”

www.iai.co.il

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