:

Business/Financial

Elbit Wins $150 Million Contract For Advanced Infantry Systems To Benelux Countries

Thursday, July 2nd, 2015

SHARE:

Elbit Wins $150 Million Contract For Advanced Infantry Systems To Benelux Countries

The Raptor, a component of the Smart Vest program. Photo: Elbit Systems.

Elbit Systems [ESLT] was awarded a $150 million contract from the Dutch Ministry of Defense to supply advanced systems to infantry in Benelux countries (Netherlands, Belgium, and Luxemburg), the company said on Thursday.The contract is to be performed over a five-year period with Elbit serving as the prime contractor and Thales as the main sub-contractor.Elbit is to help provide Smart Vest, a technological cooperation program among soldier modernization programs of the Benelux countries: Netherlands’ VOSS, Belgium’s BEST, and Luxemburg’s COMPASS.…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]