IAI and Airbus enter US$600 million agreement to lease Heron TP MALE RPASs to German Defense Ministry

Israel Aerospace Industries (IAI) has signed an agreement with Airbus to lease Heron TP Medium Altitude Long Endurance (MALE) RPASs (remotely piloted air vehicle system) to Germany’s Federal Ministry of Defence.

Under the US$600 million deal, Airbus DS Airborne Solutions GmbH will serve as the prime contractor responsible for managing all aspects of the project, including operational support and maintenance throughout the term of the agreement.

The nine-year agreement is pending approval of the German federal budget, which is expected in the second half of 2018.

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