Elbit Systems Awarded $100 Mln Contract From Israeli Ministry Of Defense

(RTTNews) - Elbit Systems Ltd. (ESLT) Monday said it was awarded an about $100 million contract from the Israeli Ministry of Defense or IMOD to procure six new firefighting aircraft and operate the firefighting squadron, which will consist of fourteen aircraft, including eight aircraft previously procured by Elbit Systems.

The contract, to be performed over an eight-year period, also covers flight hours, infrastructure upgrade, maintenance, airstrip operation, handling of fire retardants and other aspects of operating the squadron.

The firefighting aircraft are single-engine aircraft, capable of carrying around 3,000 liters of water and flying three hours without refueling. They are manufactured by Air Tractor.