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Elbit Wins Israel Police Helicopter Contract

Wednesday, September 2nd, 2015

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The Israeli Ministry of Public Security and Israeli Police awarded Elbit Systems Ltd. [ESLT] a $115 million contract to supply leasing and maintenance services for the Israeli Police Force’s aircraft, the company said Aug. 27.The contract was the result of a public tender and is to be performed over a 20-year period. It includes acquiring six new helicopters, adapting them to meet police requirements, and performing routine maintenance.The company will operate the helicopters under a Private Finance Initiative (PFI).The configuration…

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