FFG and IAI/ELTA Systems found new German defence technology company FTS

Source: FFG

In a unique German-Israeli business cooperation in the field of defence technology, two established companies: FFG Flensburger Fahrzeugbau Gesellschaft mbH, and IAI - Israel Aerospace Industries through its ELTA Systems Ltd subsidiary, are joining forces in the land sector, entering into a joint venture and setting up the new German company FTS Flensburg Technology Systems.

 

FFG and IAI/ELTA have signed an agreement on November 29th, 2023, at the Berlin Security Conference (BSC), regarding the foundation of a new joint German military technology company FTS Flensburg Technology Systems.

The primary goal of the new company will be the progressive fusion of FFG’s innovative vehicle systems and pioneering technology carriers and IAI’s field-proven state-of-the-art product solutions in fields such as robotics, autonomous capabilities, artificial intelligence, digitalization & networks, radar, SIGINT, electronic warfare, and situational awareness.

 

 

FFG, an established German defence technology systems house – a manufacturer of national key technology in armoured vehicle development and corresponding protection solutions – contributes decades of experience and exceptional knowhow in manufacturing, retrofitting, optimisation, and combat effectiveness as well as in system maintenance.

IAI is one of the largest Israeli companies in the defence and security technology sectors – and is an internationally successful specialist in radars, situational awareness, robotics, and digitalization as well as in the production and development of radar technology, SIGINT, EW, automated and artificial intelligence, sensors, and (anti-)drone technology.

 

 

By bundling and dovetailing their complementary core competencies within FTS, both companies will be in a stronger position to successfully meet the upcoming requirements of modern armed forces for the battlefield of the future, and meet the needs of national and international customers accordingly.

Particularly in the light of the current security policy challenges, FFG and IAI representatives are convinced that forming this strategic joint venture will enable the new company to provide our partner states worldwide, with successful advanced solutions and expedient support for the national and global challenges they face.

 

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