New exports for INTRACOM Defense Electronics-Exceeded 98% in 2012

February 21, 2013: INTRACOM Defense Electronics (IDE) signed new export contracts worth $2,7 millions, which will be completed in 2014, with the American company Northrop Grumman for the manufacturing of electronics of the radar warning receiver of Self-protection Systems for F-16 aircraft as well as with the German company Diehl BGT Defence for subsystems of the short-range air-to-air IRIS-T missile.

The new contracts follow the excellent and long-term cooperation of IDE with two leading defense industries of the global market, thereby strengthening the export activities of the Hellenic company, which in 2012 amounted to 98,1% of its annual turnover.