The contract valued at 4.16 million USD, signifies an expansion of the long lasting successful cooperation between the two companies and solidifies IDE’s position as a key supplier in the global supply chain of Raytheon Technologies, IDE said in a statement.
Intracom Defense is a highly acclaimed defence systems company in Greece with an outstanding record of participation in domestic programs and exports to quality-driven international customers. The company utilizes high-end technologies in the design and development of advanced products in the areas of Missile Electronics, Tactical IP Communications, C4I Systems, Surveillance, Hybrid Electric Power Systems, and Unmanned Systems.
As Defence Industry Europe reported, in May, Israel Aerospace Industries (IAI) signed an agreement to acquire Intracom Defense.
