Followers | 145 |
Posts | 27566 |
Boards Moderated | 3 |
Alias Born | 02/07/2004 |
Tuesday, July 17, 2007 10:07:54 AM
Opgal’s EYE R25 IR camera is designed for UAVs, gunsights and security systems.
Adi Ben-Israel and Batya Feldman 17 Jul 07 16:06
Opgal Optronic Industries Ltd., owned by Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) and Rafael Armament Development Authority Ltd. in equal shares, has won a $50 million three-year contract with a European company to supply its EYE R25 IR thermal imaging systems.
This is the latest in a slew of contracts by Elbit Systems’ subsidiaries in the past month, including an $80 million contract to supply enhanced tactical computers and other command and control systems to an Asian country, a $97 million maintenance, repair and upgrade contract for US Marines Corps Cobra helicopters, and a $85 million contract to supply new generation, advanced, tactical communications equipment and related services to a European country.
Opgal CEO Dadi Lapidoth said, “This is an important milestone for mass production of the EYE R25. We expect to sign more contracts for the system later this year. This imaging system will be used by a large number of different tools, including unmanned aerial vehicles (UAV), gunsights, and security systems.”
Based in Carmiel, Opgal was founded 20 years ago and has 90 employees. It is considered a leading manufacturer of night-vision and thermal imaging equipment. The company is profitable, and is doubling its revenue every year. The company’s EYE R-25 family of thermal cameras use the 25-micron wavelength for both military and a wide range of industrial applications.
Published by Globes [online], Israel business news - www.globes.co.il - on July 17, 2007
Recent ESLT News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/08/2024 10:05:18 AM
- Elbit Systems Awarded Approximately $53 Million Contract to Supply Crossbow Unmanned Turreted Mortar Systems for a European Customer • PR Newswire (US) • 05/08/2024 06:43:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/06/2024 10:02:20 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/06/2024 10:01:04 AM
- Elbit Systems Schedules First Quarter 2024 Results Release For May 28, 2024 • PR Newswire (US) • 05/06/2024 06:58:00 AM
- Elbit Systems Awarded $37 Million Contract to Supply Iron Fist APS for Upgrading U.S. Army's Bradley IFVs • PR Newswire (US) • 05/05/2024 06:34:00 AM
- Elbit Systems Awarded Approximately $50 Million Contract for a New Air Defense System by an International Customer • PR Newswire (US) • 04/30/2024 06:55:00 AM
- Elbit Systems Announces a Postponement of its Extraordinary General Meeting of Shareholders • PR Newswire (US) • 04/17/2024 05:55:00 PM
- Elbit Systems Announces Amendment to the Company's Proxy Statement • PR Newswire (US) • 04/01/2024 08:38:00 AM
- Elbit Systems Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023 • PR Newswire (US) • 03/28/2024 12:34:00 PM
- U.S. Index Futures on the Rise, Oil Prices Show Stability • IH Market News • 03/26/2024 11:21:42 AM
- ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS • PR Newswire (US) • 03/26/2024 08:39:00 AM
- Elbit Systems Awarded Approximately $300 Million Contract to Supply Defense Solutions for an International Customer • PR Newswire (US) • 03/25/2024 09:24:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/05/2024 11:00:51 AM
- Elbit Systems Reports Impact on its Fourth Quarter 2023 Financial Results Due to Non-Cash Expenses • PR Newswire (US) • 03/05/2024 08:43:00 AM
- Collins Elbit Vision Systems delivers 3,000th F-35 Gen III Helmet Mounted Display System to the Joint Strike Fighter • PR Newswire (US) • 02/26/2024 02:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/26/2024 11:01:02 AM
- Elbit Systems Awarded an Approximately $600 Million Contract to Supply Systems for the Redback IFV Under the Australian Land 400 Phase 3 Project • PR Newswire (US) • 02/26/2024 08:23:00 AM
- Elbit Systems Schedules Fourth Quarter & Full Year 2023 Results Release for March 26, 2024 • PR Newswire (US) • 02/26/2024 08:06:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/21/2024 11:09:37 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/20/2024 11:02:50 AM
- Elbit Systems Awarded a $300 Million Contract to Supply Armored Vehicle Systems to a European Customer • PR Newswire (US) • 02/20/2024 07:33:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 08:09:01 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/18/2023 11:03:51 AM
- Elbit Systems Awarded Contracts from the Israel Ministry Of Defense in an Aggregate Material Amount • PR Newswire (US) • 12/18/2023 09:06:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM