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Israel's Elbit Systems wins U.S. contract worth up to $176 million

Published 12/20/2017, 03:01 AM
Updated 12/20/2017, 03:10 AM
© Reuters. FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa
ESLT
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TEL AVIV (Reuters) - Israeli defense firm Elbit Systems Ltd (TA:ESLT) (O:ESLT) said on Wednesday its U.S. subsidiary won a contract from DynCorp International Inc [DETUCC.UL] to provide support services for the U.S. Army's C-26 and UC-35 aircraft fleet.

The award is for a one-year base period of up to $25 million and five additional single-year options. If all options are exercised, the total contract value will be up to $176 million.

© Reuters. FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa

Elbit Systems of America provides contractor logistics support and engineering, maintenance, repair and overhaul services for aircraft and ground platforms.

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