8 January 2021: As a part of an agreement between the Israeli Ministry of Defence and Hellenic Ministry of National Defence, Elbit Systems is selected to establish and operate the International Flight Training Centre of the Hellenic Air Force.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems 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. 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.”
The Hellenic Government approved the establishment and operation of the Flight Training Centre by the IMOD and Elbit Systems for an amount of approximately USD 1.68 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 Defence.
The program calls for Elbit Systems to deliver training aircraft fleets equipped with the Company’s unique avionics and embedded training solutions, supply the Company’s flight simulators and training aids and provide through-life logistical support.
