tiprankstipranks
Elbit Systems awarded $50M contract by international customer
The Fly

Elbit Systems awarded $50M contract by international customer

Elbit Systems announced it was awarded a contract in an amount of approximately $50M for its new air defense system, “Red Sky”, by an international customer. The contract will be executed over a period of two years. The Red Sky is a Tactical Very Short-range Air Defense, or VSHORAD, System designed to provide protection against low-altitude aerial threats. As part of the contract, Elbit Systems will supply two Red Sky batteries, offering a solution that integrates both soft-kill and hard-kill defense capabilities. This solution includes Elbit Systems’ Redrone, an electronic warfare solution designed for detecting, identifying, locating and neutralizing unmanned aerial systems. The Redrone system comprises DAiR Radar, Signal Intelligence sensors, RF Jammer, and COAPS-L electro-optical payload. Additionally, the Red Sky solution will incorporate anti-aircraft missile launchers.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles