# Israel Aerospace Industries signs $350M intelligence aircraft deal with European country

Israel Aerospace Industries signed a contract worth 1.2 billion shekels (approximately $350 million) with a central European country for intelligence aircraft. The aircraft are developed by IAI's Elta division and feature miniaturized sensing systems and AI-based software.

- Type: Contract
- Announced: 2020-06-08
- Value: $350.0M
- Status: announced
- Products: intelligence aircraft, radar systems, electronic warfare systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Israel Aerospace Industries](https://endata.com/companies/22308.md)

## Sources

- [maariv.co.il](https://www.maariv.co.il/news/military/article-770108), 2020-06-08: "התעשייה האווירית חתמה על חוזה בהיקף 1.2 מיליארד שקל (כ-350 מיליון דולר) עם מדינה מרכזית באירופה בתחום מטוסי מודיעין."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.