Advanced Logistics Development Ltd. (ALD) (TASE:
ALD) has won a $5 million tender to install
safety and fault identification and prevention
software for the Russian Sukhoi Superjet 100
regional airliner.
The Superjet 100 program is estimated at hundreds
of millions of dollars. The plane will carry up
to 100 passengers. 400 planes have already been
sold, and 1,800 will reportedly be sold to
European airlines. Deliveries are due to begin in
2008.
ALD's R&D center is in Tel Aviv, with sales
offices in the US, UK, France and Italy. The
company recently won a NASA project to analyze
and prevent faults in the Space Shuttle.
The company is also participating in the F-35
Joint Strike Fighter program, headed by Lockheed
Martin Co. (NYSE:LMT). Other customers include
Boeing Co. (NYSE:BA), Airbus, Israel Aerospace
Industries Ltd. (IAI), the IDF and Israel's
nuclear center in Dimona.