Feb 01, 2021
Three recently-signed deals include the sale of ROTEM VTOL Tactical Loitering Munition and Land and Naval version of the HAROP system
IAI announces the signing of three significant contracts valued at over $100 million USD, in which it will supply loitering munitions systems to several countries. The contracts include winning an international tender for the sale of the multi-purpose ROTEM system to a foreign country, sale of the naval version of the HAROP system to the navy of a country in Asia and sale of the ground version of the HAROP system to another customer in Asia.
Boaz Levy, IAI's President and CEO, said: “IAI is a global pioneer in developing the operational concept of a loitering munitions systems, which has ripened to a family of unique and accurate attack systems. These systems, which have added impressive achievements to the operational capability of fighting forces around the globe, constitute central and decisive attack components for advanced battlefields of the future. These contracts are further proof of the importance and confidence modern armies place in accurate munitions systems as part of their arsenal, and may be harbingers of additional business activity in this field. IAI will continue to develop and improve a range of strike systems in order to give its clients around the world a precise operational solution.”
The Maritime HAROP system provides an operational solution for a range of vessels, from off-shore vessels to fighting frigates in the naval theater. In a complex naval theater, the HAROP system gives mission commanders in a fleet of ships the capability to independently and organically collect intelligence, assess targets and strike.
ROTEM is the first Vertical Take-Off & Landing (VTOL) Tactical Loitering Munition combat-proven and used in operations by several of the world’s militaries as a small loitering device based on a drone platform and is a power multiplier for tactical forces in a range of fighting scenarios, including security operations and maneuvers.
The loitering munitions family developed by IAI includes the Harpy-NG – a third generation of the system homing against radiating targets, the HAROP, a second-generation of a precision electro-optical attack system, the Mini-Harpy, dual (Electro-optical day&night + Anti-Radiation seeker) tactical advanced munitions system and the tactical loitering Green-Dragon system, as well as the ROTEM VTOL Tactical Loitering Munition. IAI is a focal point of national and global technological know-how in the field of attack systems, air defense, radars, satellites, remotely operated aircraft, civilian aviation and cyber.