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Elbit Wins $110 Million Contract To Upgrade Asia-Pacific Mi-17 Helicopters

Rich Abott By
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Elbit Wins $110 Million Contract To Upgrade Asia-Pacific Mi-17 Helicopters
Mi-17 helicopters operated by the 2nd Wing of the Afghan National Army Air Force take off at Multinational Base Tarin Kowt in Uruzgan province, Afghanistan, Feb. 23, 2013. (U.S. Army photo/Released)

Elbit Systems Ltd. [ESLT] won a five-year $110 million contract from an unspecific Asia-Pacific country for the upgrade and maintenance of Mi-17 helicopters, the company said Wednesday.The contract will have Elbit upgrade dozens of Mi-17s.“We are very pleased to have won this major helicopter upgrade project and for the opportunity to implement our unique and innovative avionic solutions,” Bezhalel (Butzi) Machlis, president and CEO of Elbit Systems, said in a statement.He noted the company has completed and continues to perform…

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