Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Israeli Elbit Systems wins Brazilian contract Worth $100 million

Elbit Systems President and CEO Bezhalel (Butzi) Machlis

 

Elbit Systems Ltd. has announced that its Brazilian subsidiary Ares Aeroespacial e Defesa S.A. has been awarded a framework contract, worth approximately $100 million, to supply 12.7/7.62 mm Remote Controlled Weapon Stations (RCWS) to the Brazilian Army.

In 2012 Elbit Systems was awarded an initial production order valued at approximately $25 million to supply the same system to the Brazilian Army to be supplied within two years by 2014.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

The new contract includes associated equipment and services. The RCWS, named REMAX, will be supplied over a five-year period. An initial production order, valued at approximately $7.5 million, has been received.

Specifically designed by Ares to meet Brazilian Army requirements as part of the VBTP program, Ares’ REMAX systems have been successfully tested and fielded in Brazilian Army Guarani 6X6 vehicles. REMAX is a stabilized weapon station for 12.7/7.62 mm machine guns and will be used in armored vehicles and logistics vehicles utilized in combat for troop transport, border patrol  and peace keeping missions.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems said: “Brazil is a very important market for Elbit Systems and we are pleased to be awarded a follow-on contract for the supply of REMAX to the Brazilian Army, attesting to the customer’s satisfaction from the previous award. We have witnessed a growing demand for RCWS all over the world and we trust that further customers will follow and acquire our advanced and mature weapon stations”.

 

 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...