Business

June 13, 2012

Elbit Systems to supply Boeing with structural components

Elbit Systems’ wholly-owned Israeli subsidiary Elbit Systems – Cyclone Ltd. has been awarded an approximately $80 million contract for the supply of structural components to Boeing.

The contract will be performed over seven years.

“We are proud to have been selected, once again, by Boeing to supply structural parts,” said Yoram Shmuely, co-general manager of Elbit Systems’ Aerospace Division. “This contract represents another step in positioning Cyclone as a major supplier to leading aerospace companies and other customers. It also reflects the recognition and trust we have established with Boeing in our many years of working together .We believe this contract with Boeing will pave the way for further business in the fast-growing aerostructures market, characterized by advanced technologies and innovative composite materials.”




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