Elbit Systems has been awarded contracts worth a total of about US$74 million to supply a range of airborne munitions as part of the Precision Fires Program of the Republic of Korea Air Force.
The contract was awarded by the Defense Acquisition Program Administration of South Korea’s Ministry of National Defense. The contracts will be performed over a five-year period.
“We see an increase in the demand for our diverse portfolio of munitions as Air Forces seek fires capabilities of greater sophistication and impact,” said Yehuda (Udi) Vered, General Manager of Elbit Systems Land.
Elbit Systems is expanding its footprint in South Korea. The company will embed Terrain Following-Terrain Avoidance systems onboard the Next Generation Korean fighter jets that are in development; integrate Joint Helmet Mounted Cueing System II helmet-mounted displays into Republic of Korea Air Forces’ F-16 aircraft; and deliver a full end-to-end Underwater Sound Source System used to test sonar systems for the Republic of Korea’s Navy Harbor Underwater Surveillance System.
It may be recalled that Hanwha Systems announced in October that it is collaborating with Elbit Systems on AI powered avionic technologies for Urban Air Mobility and defence applications.
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