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BVR Systems Receives New Orders Valued at More Than $14 Million

Written by thomas · Filed Under Defense 

September 10, 2009

thomas

ROSH HA’AYIN, Israel, September 10 /PRNewswire-FirstCall/ — BVR Systems (1998) Ltd. (OTC: BVRSF), today announced it has signed contracts valued at over $14 million for the provision of Distributed Mission Trainer and Maintenance and Support services.

BVR is to act as a major sub-contractor in a program for the provision of a high end Distributed Mission Trainer, in consideration for approximately $10 million.

The Maintenance and Support award is valued at more than $4 million and includes maintenance, support and spare parts for one of BVR’s leading customers using its “EHUD” AACMI (Autonomous Air Combat Manoeuvring Instrumentation) system.

BVR Systems’ Chief Executive Officer, Mr. Ilan Gillies, noted, “We are very proud to take a key role in one of the leading Distributed Mission Training centers and very pleased with the confidence of our customers in our EHUD product. The order of maintenance and support services is clear evidence of the customers’ intent to keep using the system intensively.”

About BVR Systems

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.

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