SimiGon wins $2m Israeli F16 training contract
SimiGon said it has won a $2m contract with the Israeli Air Force to provide new F16 fighter jet maintenance trainers to its technician school in Haifa.
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The company said up to 60 trainees across two classes will have personal stations that will allow them to learn avionic and front line maintenance with a virtual instructor and a self-paced syllabus using “hi fidelity simulation”.
“Once the expected contract has been signed it is due to be delivered within 18 months and its expected revenue contribution has already been factored into management's expectations for the year ended 31 December 2016,” SimiGon said in a statement.
“The expected contract should also contribute to improved revenue visibility for full year 2017 and beyond,” it added.