Elbit System Brazilian subsidiary wins a 100$ million deal

11 January, 2017

Elbits subsidiary Ares Aeroespacial e Defesa S.A will supply the Brazilian army with Supply Remote Controlled Weapon Stations for armored vehicles

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Israeli Elbit Systems Brazilian subsidiary, Ares Aeroespacial e Defesa S.A. (“Ares”), was awarded a framework contract, in a total value of approximately $100 million, to supply 12.7/7.62 mm Remote Controlled Weapon Stations (“RCWS”) to the Brazilian Army. The contract includes associated equipment and services. The RCWS, named REMAX, will be supplied over a five-year period. An initial production order, valued at approximately $7.5 million, has been received.

The weapon stations were specifically designed by Ares to meet Brazilian Army requirements as part of the VBTP program, Ares’ REMAX systems have been successfully tested and fielded in Brazilian Army Guarani 6X6 vehicles. REMAX is a stabilized weapon station for 12.7/7.62 mm machine guns and will be used in armored vehicles and logistics vehicles utilized in combat for troop transport, border patrol  and peace keeping missions.

Bezhalel Machlis, President and CEO of Elbit Systems said: “Brazil is a very important market for Elbit Systems and we are pleased to be awarded a follow-on contract for the supply of REMAX to the Brazilian Army, attesting to the customer’s satisfaction from the previous award. We have witnessed a growing demand for RCWS all over the world and we trust that further customers will follow and acquire our advanced and mature weapon stations”.

Strategic Market

Elbit Systems defined Brazil as a strategic market 6 years ago. In 2009, Brazil became a major importer of weapons and defense system. The Amazonian states defense budget exceeded 27$ billion, 10$ billion of which were dedicated to the modernization of the Brazilian Armed Forces. Following these developments, Elbit purchased two local aerospace companies – Ares Aeroespecial e Defesa and Periscopio Equipamentos Optronicos, The Israeli Company also deepened its cooperation with the Brazilian Aerospace conglomerate Embrar – one of the world’s largest producer of aircrafts.

The Brazilian market has yielded contracts worth hundreds of million dollars fort Elbit. Over the last few years, Elbit and its Brazilian subsidiaries upgraded Brazilian F-5 fighter jets, supplied the Brazilian military with hundreds of automatic torrents and even supplies a Hermes 900 drone, used in the security operations during the Olympic Games held in Brazil in 2014.

 

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