Israeli protection electronics firm Elbit Techniques Ltd. (Nasdaq: ESLT; TASE:ESLT) has once more reportedly dissatisfied the Swiss. After stories that Switzerland was mulling cancellation of a $380 million drone deal for six surveillance and reconnaissance unmanned aerial autos (UAVs) as a result of they have been dissatisfied with their capabilities, Swiss newspaper “Die WeltWoche” now claims that TK A telecommunications tools procured from Elbit is ‘unusable.”
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Elbit delivered radios for the TK A army telecommunications challenge, “value estimated at 1.8 billion Swiss francs, so as to improve the Swiss military’s communications system,” the paper reported. The element, estimated at 300 million francs, “must be built-in into all IT techniques,” however “it’s unclear whether or not the product will probably be prepared for operational use.”
The Swiss newspaper wrote that “at the start of the 12 months, the top of the cybersecurity division and challenge supervisor, Simon Miller, warned that ‘the corporate has problem making certain the standard of its merchandise and delivering on time.'” He stated, for instance, that a few of the parts have been equipped with the flawed cable size.
“It’s nonetheless tough to estimate how a lot the potential failure will price the taxpayer, however public funds value greater than half a billion francs are at stake – as soon as once more,” it stated.
Printed by Globes, Israel enterprise information – en.globes.co.il – on July 20, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
