Israeli protection electronics firm Elbit Programs Ltd. (Nasdaq: ESLT; TASE:ESLT) has once more reportedly disillusioned the Swiss. After reviews that Switzerland was mulling cancellation of a $380 million drone deal for six surveillance and reconnaissance unmanned aerial automobiles (UAVs) as a result of they have been dissatisfied with their capabilities, Swiss newspaper “Die WeltWoche” now claims that TK A telecommunications gear procured from Elbit is ‘unusable.”
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Elbit delivered radios for the TK A navy telecommunications undertaking, “value estimated at 1.8 billion Swiss francs, to be able 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 can be prepared for operational use.”
The Swiss newspaper wrote that “at the start of the 12 months, the top of the cybersecurity division and undertaking 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 among the parts have been equipped with the mistaken cable size.
“It’s nonetheless troublesome to estimate how a lot the doable 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.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on July 20, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
