RSL Electronics received a notice from Lockheed Martin, the American fighter aircraft manufacturer, regarding its selection as the winner of a tender for the design, manufacture, development and supply of brake controllers for F-16 aircraft, as well as the provision of maintenance services for said brake controllers under Lockheed’s multi-year production plan. Martin for these planes.
The products are an upgraded version of a product with the same purpose provided by the company and used by the Israeli Air Force as well as all European air forces operating 16F-planes.
Lockheed Martin has the right to purchase a certain amount of the products and services, at an agreed price, and over a number of years, in a total amount of approximately $ 4.5 million, with the possibility of increasing the scope of such purchases to a total amount of approximately $ 6 million. The company estimates that the order for the planning, development and production phase will be received by it by the end of 2020, when the implementation of this phase will end in 2021.
After completing this phase, the company estimates that it will receive orders for serial production of the products according to the requirements of Lockheed Martin, as it will be from time to time, which can be spread over about ten years. The company estimates that at least half of the volume of such serial production will be supplied to Lockheed Martin by the company by 2026.
Zeev Degani, CEO of RSL, says: “This is the largest agreement the company has won in recent years from the largest manufacturer of military aircraft in the world. The company considers the acquisition by Lockheed Martin of great importance and recognition of its capabilities and the quality of its products by an international factor of great importance in its field of activity.
Lockheed Martin CEO’s public statements that the total number of F-16s to be produced will reach 5,000 and so far already 4,600 aircraft have been produced only reinforce the trend of demand and the company’s products thanks to technology and innovation and our leading position in the field. , Including its capabilities to manufacture its products in India, will assist the success of Lockheed Martin in the competition for the 21F multi-mission fighter (upgraded 16F aircraft for the Indian Air Force), and was and the aircraft offered by Lockheed Martin will be selected by the Indian Air Force.
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