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Business in Brief

Sunday, August 5, 2012

WN.com - Business News
Latest headlines from WN Network
Business in Brief
Aug 6th 2012, 02:20

Elbit Systems said yesterday it had won a contract valued at "many tens of millions of dollars" to supply an unnamed Latin American country with a fleet of its Hermes 900 and Hermes 450 unmanned aircraft systems. The drones will be delivered over the next two years. The contract includes ground control stations and a variety of payloads and capabilities, including the Electro-Optics Elop Division's advanced payloads systems. Since it introduced the Hermes 900, Elbit has won five orders for the drone, three of them in Latin America. Elbit shares rose 2.7% to NIS...

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