Israel Aircraft Industries (IAI) to Supply Jointly With Elbit Systems UAV Systems to The Turkish MOD; Contract Valued at $150 million.LOD Lod (lōd), city (1994 pop. 51,200), central Israel. It is also known as Lydda. Its manufactures include paper products, chemicals, oil products, electronic equipment, processed food, and cigarettes. , Israel -- Israel Aircraft Industries, Ltd. (IAI IAI Infection And Immunity (journal) IAI International Alliance for Interoperability IAI Institut für Angewandte Informatik IAI Inter-American Institute for Global Change Research IAI International Association for Identification ) and Elbit Systems will jointly supply the Turkish Armed Forces Unmanned Air Vehicle (UAV UAV Unmanned Aerial Vehicle UAV Unmanned Air Vehicle UAV Unmanned Aerospace Vehicle UAV Unmanned Airborne Vehicle UAV Uninhabited Air Vehicle UAV Urban Assault Vehicle UAV Unpiloted Aerial Vehicle (less common) ) systems. The contract is valued at $150 million and each company's share will amount to approximately $75 million. The contract was signed in May 2005 between Israel UAV Partnership (IUP) and the Turkish MOD is entering into effect now. IUP is an equally owned partnership between Israel Aircraft Industries (IAI) and Elbit Systems. IUP will act as the major subcontractor to TUSAS TUSAS Twayne's United States Author Series TUSAS Turkiye Ucak Sanayii As (Turkish Aircraft Industries) TUSAS The United States Army Strings (US Army band) Aerospace Industry (TAI) for the program. The systems will be delivered to the Turkish MOD over a three-year period, and will be operated by the Turkish Armed Forces. Moshe Keret, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Israel Aircraft Industries said, that, "We are proud and pleased to have been selected together with Elbit Systems for this program which marks another step in the long lasting and productive relationship between IAI and the Turkish Defense Industry." Israel Aircraft Industries Ltd. is a leading manufacturer in the international aerospace and defense community and Israel's largest industrial exporter. IAI's Malat Division is one of the worlds leading UAV systems designers and manufacturers. Its UAVs operate in fifteen countries and have accumulated more than 250,000 operational flight hours. |
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