Elbit nears $200m German aircraft protection deal

Elbit's DIRCM system

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

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Elbit's DIRCM system
Elbit's DIRCM system
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