The Israeli Ministry of Defense (IMOD) awarded Elbit Systems [ESLT] a $90 million contract for the maintenance of the Israeli Air Force’s (IAF) F-16 avionics systems, the company said on Jan. 4.
The maintenance project is to be performed over 11 years and is to include a new national maintenance center for IAF squadrons and bases, the company noted.
“Elbit Systems has recognized the growing global trend of maintenance and logistic support services performed via outsourcing. This method of service provides availability of the relevant systems while saving costs and we have been active in these types of services both in Israel and around the world. We are proud of this new outsourcing services contract, attesting to the satisfaction of the IMOD and the IAF with the services we have previously provided in other maintenance projects,” Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said in a statement.