Helicopter PFI project awarded in Israel

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Helicopter PFI project awarded in Israel

Israeli Ministry of Public Security and the Israeli Police have awarded Elbit Systems a Private Finance Initiative (PFI) contract to supply leasing and maintenance services for the Israeli Police Force's aircraft.

The contract, valued at approximately US$115 million, includes the supply leasing and maintenance services for the Israeli Police Force's aircraft.

The PFI contract will be performed over a twenty-year period, and will include acquiring six new helicopters, adapting them to meet the Police requirements and performing routine maintenance.

The helicopters' configuration and onboard mission systems will be fitted to accommodate a wide variety of missions such as surveillance and policing, search and rescue, command and control and fire-fighting.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems stated:

"The decision of the Ministry of Public Security to award the helicopters project to us attests to the success of our PFI based projects, such as operating fixed-wing aircraft, helicopter and unmanned systems fleets, both in Israel and worldwide. We are proud to cooperate, yet again, with the Ministry of Public Security, the Israeli Police Force and the Fire Fighting Forces and to contribute our experience to Israel's safety and security".

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