Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) unit M7 Aerospace LLC, a subsidiary of Elbit Systems of America, has been awarded an initial $5 million order on a sub-contract from Support Systems Associates, Inc. (SSAI). M7 will provide an avionics refresh for the US Air National Guard's premier fixed-wing aircraft used for Intelligence, Surveillance and Reconnaissance operations - the RC-26B. If all options are ordered, the total sub-contract would be valued at $22 million. M7 Aerospace will complete the work by 2021 out of its San Antonio, Texas facility.
The contract with SSAI will include avionics engineering, design, integration, modification, test and maintenance for the technically advanced aircraft.
"The US Air National Guard can trust Elbit Systems of America to keep their aircraft mission ready," said Raanan Horowitz, president and CEO of Elbit Systems of America. "We are committed to delivering advanced avionics that modernize the RC-26B aircraft and enhance its relevance and sustainability."
M7 Aerospace, through type certificate ownership, is the original equipment manufacturer of the RC-26B aircraft.
Published by Globes, Israel business news - en.globes.co.il - on February 6, 2019
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