Koropi, Greece, October 30, 2012: INTRACOM Defense Electronics has been awarded a new € 1.5 million contract by the German company Diehl BGT Defence (DBD) for the IRIS-T missile program. Within the frame of the contract, which will be completed by September 2013, INTRACOM Defense Electronics will manufacture the missile electronics for international customers.

IRIS-T missile, which is considered as the most modern infrared guided short range air-to-air missile system worldwide, was designed and is manufactured by an international consortium of six (6) European nations (Germany,Greece,Italy,Norway,SpainandSweden). The program is a successful government-to-government industrial cooperation, in which our country participates as an equal partner from the original design phase.

INTRACOM Defense Electronics' participation is dated from 1998, when the company has undertaken and successfully completed the design, development and manufacturing of airborne electronic units of IRIS-T, namely the Guidance Section Power Supply, the Telemetry Section and the Field Test Equipment. For this program, INTRACOM Defense Electronics has successfully completed contracts of approximately € 70 mil., that employ state of the art technologies in the field of missile electronics.

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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 inGreece. 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 inBelgium,Cyprus,England,France,Germany, theNetherlands,Spain,Swedenand theUSA.

For more information please visit: www.intracomdefense.com