Israeli defense electronics company Elbit Systems Ltd. announced that its US subsidiary Elbit Systems of America LLC has been awarded a $85 million firm-fixed-priced contract, with no option periods, by the US Navy, Trend with reference to Globes reports.
The contract is for the repair of Digital Display Indicator (DDI) systems aboard F/A-18 aircraft. The contract will be performed in Talladega, Alabama over a five-year period.
Elbit Systems president and CEO is Bezhalel Machlis.