Israel Aerospace Industries (IAI) has won a tender worth USD189 million (162 million euros) from the Finnish Navy.
According to the statement of Finland’s defence ministry, IAI has won a public tender to supply new Gabriel surface-to-surface missile system.
The acquisition of the Gabriel Missile System will cost 162 million euros ($189.62 million), with a 193 million euros option, and will include launchers, missiles, simulators, test equipment, spare parts and training.
The contract, announced by Finland’s defence ministry on 6 July, will take place during 2019-2025. The system will replace the navy’s current anti-ship missile system which is nearing the end of its life.
IAI reported that the new Gabriel Missile System is a designed to be superior compared to most contemporary missiles, particularly when employed in littoral waters. It used an advanced active radar seeker backed by a sophisticated weapon control to optimize operational effectiveness in a target congested battlespace.