Following a competitive process, and as part of an agreement between the Israeli Ministry of Defense (IMOD) and the Hellenic Ministry of National Defense, Elbit Systems was selected to establish and operate the International Flight Training Center of the Hellenic Air Force (Flight Training Center).
The program calls for Elbit Systems to deliver training aircraft fleets equipped with its avionics and embedded training solutions, supply its flight simulators and training aids, and provide through-life logistical support.
Bezhalel Machlis, President and CEO of Elbit Systems, said: “We are honored to have been selected to provide such an important capability to the Hellenic Air Force, which we believe will contribute to the further strengthening of the bi-lateral relationship between Israel and Greece.”
The Hellenic Government approved the establishment and operation of the Flight Training Center by the IMOD and Elbit Systems for an amount of approximately $1.68 billion (approximately €1.375 billion) for a period of approximately 20 years. The anticipated contract award is contingent on completion of commercial negotiations with the Hellenic Ministry of National Defense.
Elbit Systems was recently awarded a £123 million contract by the UK Ministry of Defence.