Contract for TOR system

Elbit Systems Ltd. (NASDAQ and TASE: ESLT) („Elbit Systems”) announced today that TOR – Advanced Flight Training („TOR”), its partnership with Israel Aerospace Industries Ltd. („IAI”), established in order to perform the Israeli Air Forces’ („IAF”) future trainer program (the „Project”), has reached an agreement with the Israel Ministry of Defense („IMOD”) regarding a contract in a total amount of approximately $603 million.

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Honeywell will supply F-124 engines for Israeli M-346

Honeywell (NYSE:HON), as part of the International Turbine Engine Company LLC, has signed a contract to supply its F124-GA-200 turbofan engines for the Israel Ministry of Defense’s (IMOD) new 30-strong Alenia Aermacchi M-346 Master advanced jet trainer fleet. The contract is worth approximately $735 million and includes engine supply and aftermarket support. 

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