Elbit Systems awarded $110M for Mi-17 upgrade
Elbit Systems, a defense and aerospace company based in Israel, announced today that it was awarded an approximately $110 million contract from an Asia-Pacific country for the upgrade and maintenance of dozens of Mi-17 helicopters. The project will be performed over a five-year period.
Bezhalel Machlis, President and CEO of Elbit Systems, noted: "We are very pleased to have won this major helicopter upgrade project and for the opportunity to implement our unique and innovative avionic solutions.
Since the "aging helicopter" market is growing rapidly and includes numerous Eastern platforms, we hope other customers will follow the selection of our modernization solutions".
Elbit Systems claimed that it has extensive operational experience in rotary-wing modernization activities, including conversion of utility and assault helicopters into multi-role platforms, upgrading existing utility and attack platforms, supplying systems for latest-generation aircraft and providing full maintenance and support packages.