JERUSALEM Feb 12 Boeing and Elbit
Systems, Israel's largest publicly traded defence
contractor, have signed an agreement to jointly sell
self-defence systems for Boeing military aircraft in
Under the memorandum of understanding, the companies will
offer Elbit's Directed Infrared Counter Measure (DIRCM) systems
for Boeing military fixed-wing and vertical-lift aircraft, they
said on Tuesday.
A market source told Reuters that in the first stage there
is potential to install a few hundred systems.
Shares of Elbit were down 0.2 percent in late morning trade
in Tel Aviv in a flat overall market.
The Elbit systems, produced by Elbit Systems Electro-Optics
ELOP, are lightweight, compact systems designed to protect
aircraft from common battlefield threats.
Boeing's Network & Space Systems and Boeing Military
Aircraft are working together to integrate the systems onto new
and existing aircraft, as well as to provide signature analysis
and end-to-end services and support.
"Boeing is partnering with pioneering firms worldwide to
bring advanced technology to our customers," said Network &
Space Systems President Roger Krone.