$ 27 million contract with Elbit for the modernization of the IAR-99 Air Force aircraft

Israel-based defence electronics company Elbit Systems said on Monday that it was awarded a $27 million (22.2 million euro) contract by Romanian aircraft manufacturer Avioane Craiova [BSE:AVIO] as part of a programme for the upgrade of the Romanian Air Force's IAR-99 Standard trainer aircraft.   The contract will be performed over a four-year period and includes integrated logistic support, ...

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