PRESS RELEASE: New exports for INTRACOM Defense Electronics-Exceeded 98% in 2012
Koropi, February 05, 2013 - INTRACOM Defense Electronics (IDE) signed new export contracts worth $2,7 millions, which will be completed in 2014, with the American company Northrop Grumman for the manufacturing of electronics of the radar warning receiver of Self-protection Systems for F-16 aircraft as well as with the German company Diehl BGT Defence for subsystems of the short-range air-to-air IRIS-T missile.
The new contracts follow the excellent and long-term cooperation of IDE with two leading defense industries of the global market, thereby strengthening the export activities of the Hellenic company, which in 2012 amounted to 98,1% of its annual turnover.
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About INTRACOM Defense Electronics
INTRACOM Defense Electronics, Greece's largest defense electronics systems provider, is a subsidiary of Intracom Holdings, one of the largest multinational technology groups in Greece. The company designs, develops and manufactures state-of-the-art military communication systems, encryption devices, command, and communication systems (C³), missile electronic components, radars, simulators, and testing equipment. INTRACOM Defense Electronics participates in a number of domestic as well as international R&D and co-production programmes, and is a registered member on NATO's vendors list. The Company's products and services are deployed in Belgium, Cyprus, England, France, Germany, the Netherlands, Spain, Sweden and the USA.
For more information please visit: www.intracomdefense.com