Israel’s multimillion dollar contract with one of its major Asian clients is for the development of “advanced, national level, strategic cyber solution,” to deal with current and future global cyber challenges.
By Israel Hayom Staff
Israel Aerospace Industries has announced that it has signed a $15 million contract with one of its major Asian clients for the development of by cyber security solutions.
A statement posted on IAI’s website said the contract is “for an advanced, national level, strategic cyber solution, which combines cellular systems and cyber and includes establishing an intelligence center and infrastructure and providing unique sensors.”
The project will be headed by IAI’s subsidiary, ELTA, through its own cyber subsidiaries and development centers, the statement said.
“This new contract is an example of the ‘ecosystem’ created by IAI’s cyber subsidiaries and research and development centers and the parent company,” said IAI Cyber Programs Director Esti Peshin.
“Our worldwide innovation centers benefit from IAI’s size and experience, while simultaneously having the flexibility of a startup company. The proximity to the customers combined with innovation, white-hat hacking and engineering capabilities enable us to effectively deal with the many challenges of the cyber world.
“We intend to continue developing the strategy in the coming months to include additional cyber subsidiaries and R&D centers,” she said.
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