Israeli M346. Credit: Elbit Systems Ltd.

Israel’s Elbit Systems has been selected to deliver the International Flight Training Center for the Hellenic (Greek) Air Force.

The contract was awarded following a competitive process after the Government of Greece approved a defence agreement between the defence ministries of the two countries.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

As agreed, the Israeli Ministry of Defense (IMoD) and Elbit Systems will establish and operate the Flight Training Center for nearly 20 years. The deal amounts to nearly $1.68bn.

The scope of the deal also includes the delivery of ten M-346 aircraft (Lavi), maintenance of T-6 aircraft, flight simulators and training aids, as well as through-life logistical support.

However, the contract is yet to be signed and is contingent on completion of commercial negotiations with Greece’s Ministry of National Defense.

Elbit Systems president and CEO Bezhalel (Butzi) Machlis said: “We are honoured 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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This selection attests to the leading position we hold in the area of training, providing tested know-how and proven technologies that improve readiness while reducing costs.”

Israel’s Defense Minister Benny Gantz said: “This agreement reflects the excellent and developing relations we have with Greece.

“It is a long-term partnership that will serve the interests of both Israel and Greece, create hundreds of jobs in both countries, and promote stability in the Mediterranean.”

Last month, Elbit Systems secured a contract to support a programme and help in upgrading the Romanian Air Force’s (RoAF) IAR-99 Standard trainer aircraft.