ASLE - Elbit Systems subsidiary Universal Avionics nabs $33M contract for supplying EFVS for Boeing
- Elbit Systems' ( NASDAQ: ESLT ) subsidiary, Universal Avionics Systems received a contract worth ~$33M from AerSale ( NASDAQ: ASLE ) to supply Enhanced Flight Vision Systems (EFVS) for Boeing 737NG aircraft.
- The contract will be executed through 2023.
- Under the contract, Universal Avionics will supply the ClearVision EFVS systems featuring the SkyLens 360-degree field of view Head Wearable Display and the EVS-5000 cameras.
- "We see a renewed demand in the commercial aviation market for innovative yet certified vision capabilities that enable efficient and safe flights during degraded visibility situations," General Manager of Elbit Systems Aerospace commented.
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Elbit Systems subsidiary Universal Avionics nabs $33M contract for supplying EFVS for Boeing