The Israeli defense electronics company is in advanced talks to sell DIRCM systems to the German Air Force.
Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) is in advanced talks to sell DIRCM (Directional Infrared Counter Measures) aircraft protection systems to the German Air Force for about $200 million, sources inform "Globes." The DIRCM systems will protect the German Air Force's fleet of A400M transport and refueling aircraft from shoulder launched missiles. The DIRCM system directs infra-red beams at the shoulder launched missile and diverts it from its path towards the aircraft it is targeting.
Published by Globes, Israel business news - en.globes.co.il - on June 10, 2019
© Copyright of Globes Publisher Itonut (1983) Ltd. 2019
Elbit's DIRCM system