Israel Aerospace Industries (IAI) has signed a $200 million contract with a customer in Asia to provide targeting and surveillance pods to the local air force.
The contract will be carried out by ELTA Systems, the subsidiary of the Israeli firm, IAI announced Wednesday.
The contract signed Tuesday is a follow-up order for the new generation of targeting and surveillance pods already used by the country's air force.
Elbit Systems' ISTAR Division has participated in the development of the pods as a subcontractor. The company announced it was "awarded an approximately $82 million contract to provide an Asia-Pacific country with a comprehensive Electro-optic airborne solution, Condor 2, for use in intelligence, surveillance, target acquisition and reconnaissance (ISTAR) missions." Elbit also stated that their contract will be performed over a four-year period.
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