DTN News: Israeli Firm Sells UAV Assembly Components To Russia....NSI News Source Info # 1122(NSI News Source Info) TEL AVIV, Israel - October 15, 2010: Israel Aerospace Industries said on Wednesday it has signed a contract with the Russian defense firm Oboronprom on the delivery of assembly components and servicing for aerial drones.
"The deal will begin to be implemented during 2011," the company said in a statement posted on its website.
The contract was signed in the presence of the Russian Minister of Industry and Trade Viktor Khristenko.
The financial details of the deal have not been disclosed, but Israeli media earlier speculated that the three-year contract could be worth $400 million.
Russia has already signed two UAV contracts with Israel. Under the first contract, signed in April 2009, Israel delivered two Bird Eye 400 systems (worth $4 million), eight I View MK150 tactical UAVs ($37 million) and two Searcher Mk II multi-mission UAVs ($12 million).
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