Eviation Aircraft Ltd. (fka EVTNF)

[midastouch017]

BVR Systems wins Asian air force deal
The air force already has an existing BVR system in place.

Globes' correspondent 31 Oct 07 12:28
BVR Systems (1998) Ltd. (Bulletin Board:BVRSF.OB today announced the award of a contract, valued at approximately $19.5 million, for the provision of an EHUD air combat maneuvering instrumentation (ACMI) system for an Asian Air Force.
The EHUD ACMI system will be used for real time, autonomous combat training and debriefing. The contract includes the provision of new systems, static and mobile, as well as interoperability with an existing BVR supplied system already in service with this Air Force. MLM, a division of IAI, which cooperates with BVR in the production of the EHUD ACMI system, will act as BVR’s subcontractor for the project.

BVR Systems’ CEO, Ilan Gillies commented: “This new contract emphasizes once again the EHUD product's overall excellent reputation for enhancing the training value and operational levels of air forces in Asia, NATO and around the world."

To date, 18 leading air forces across four continents, including many NATO countries, have chosen the EHUD ACMI solution.

The EHUD ACMI system is a complete on-board autonomous training and safety suite, with state-of-the-art post-flight PC debriefing capabilities. The system’s sophisticated safety features include mid-air and ground collision audio warnings in addition to an extensive rule violation library.

BVR Systems (1998) Ltd. is a world leader in advanced defense training and simulation systems. The Company offers highly efficient, cost-effective solutions to the simulation, training and debriefing needs of modern air, sea and ground forces.

The Rosh Ha'ayin based company trades on the over the counter bulletin board at a market cap of about $22 million.

Published by Globes [online], Israel business news - www.globes.co.il - on October 31, 2007

http://globes-online.com/serveen/globes/docview.asp?did=1000269596&fid=942