Koropi, Athens, Greece, September 25^th, 2018: IDE (INTRACOM Defense Electronics), Greece's leading defense and security electronic systems manufacturer, extends its cooperation with the German Company Diehl Defence, by signing a 5-Year frame contract of 10 € million value for the series production of crucial electronic missile components of the Ground Based Air Defence System IRIS-T SLM (Surface-Launched Medium range).

These missile components have been developed by IDE and were tested with absolute success during extensive trials in the certification phase of the system.

IDE was selected by Diehl Defence, one of the leading defense companies worldwide, after an international bid for the most suitable available technology. This selection establishes IDE as a reliable partner of Diehl Defence and confirms the excellent cooperation of the two companies during the last twenty years.

“This new success confirms not only IDE's competitiveness, but also our company's advanced technological level in cutting-edge technologies, acknowledged in practice by our international customers”, stated Mr. George Troullinos, CEO of IDE.

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About IDE

IDE, Greece's leading Defense Electronics and Communications systems industry, is active in the defense and homeland security sectors. IDE is a subsidiary of Intracom Holdings, one of the largest multinational technology groups of Greece. IDE possesses significant know-how in design, development and manufacture of products and systems that incorporate leading own-developed technologies in tactical military communications, encryption systems, command and control systems (C³I), surveillance, reconnaissance and security systems, hybrid electric power systems, missile electronics, and military software applications.

IDE participates in international development and production programs, as well as in international cooperations for the production and export of defense equipment and is a registered NATO supplier. The Company's customer and product end-user portfolio includes Czechia, Cyprus, Finland, France, Germany, Lithuania, Luxemburg (NATO/NSPA), Spain, Sweden, UK and the USA.

For more information please visit: www.intracomdefense.com