Israeli dronemaker allowed to renew sales to Azerbaijan

2019/02/F140917MA89-640x400-1549366813.jpg
Read: 843     15:57     05 February 2019    

The Israeli Defense Ministry on Monday allowed an aircraft manufacturer to again sell the unmanned aerial vehicles to Azerbaijan, Defence.az reports citing The Times of Israel.


At the same time, the export licenses of three senior officials from the defense contractor Aeronautics Ltd. — CEO Amos Matan, deputy CEO Meir Rizmovitch and a third, unnamed, employee — were to be suspended by the Defense Ministry beginning in April, the company said.

The Defense Ministry’s decision came three weeks after the Rafael defense contractor agreed to purchase Aeronautics for NIS 850 million ($231.7 million).

On Monday, the company informed the Tel Aviv Stock Exchange that the ban on sales of its Orbiter 1K kamikaze drone to its “central customer ‘A'” had ended.

“The Defense Ministry announced to the company that the suspension of its license was immediately canceled. The company can continue to supply the UAV to the aforementioned customer as soon as possible,” Aeronautics wrote.



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News Line

Israeli dronemaker allowed to renew sales to Azerbaijan

2019/02/F140917MA89-640x400-1549366813.jpg
Read: 844     15:57     05 February 2019    

The Israeli Defense Ministry on Monday allowed an aircraft manufacturer to again sell the unmanned aerial vehicles to Azerbaijan, Defence.az reports citing The Times of Israel.


At the same time, the export licenses of three senior officials from the defense contractor Aeronautics Ltd. — CEO Amos Matan, deputy CEO Meir Rizmovitch and a third, unnamed, employee — were to be suspended by the Defense Ministry beginning in April, the company said.

The Defense Ministry’s decision came three weeks after the Rafael defense contractor agreed to purchase Aeronautics for NIS 850 million ($231.7 million).

On Monday, the company informed the Tel Aviv Stock Exchange that the ban on sales of its Orbiter 1K kamikaze drone to its “central customer ‘A'” had ended.

“The Defense Ministry announced to the company that the suspension of its license was immediately canceled. The company can continue to supply the UAV to the aforementioned customer as soon as possible,” Aeronautics wrote.



Tags: