[IAI] - Israel Aerospace Industries (IAI) has signed a contract to supply a HAROP Loitering Munition (LM) system to a foreign customer. The contract is estimated to be worth over $100 million.
Itzhak Nissan, President and CEO of IAI said: "HAROP is an extremely impressive system, and everyone at IAI is proud of this accomplishment. This is a state-of-the-art loitering munition system, which features accurate detection capabilities and minimizes collateral damage to the surrounding area."