BAE Systems Hägglunds purchases Iron Fist from Israeli firm for $109 million

JERUSALEM — Elbit Systems will supply the Swedish BAE Systems Hägglunds with its Iron Fist Active Protection System for CV90s in a deal worth $109 million, the Israeli firm announced Tuesday.

Elbit noted the systems are intended for a European country, but declined to identify it. Based on previous publications by BAE, it is likely the client is Slovakia.

BAE Systems announced in December it has been awarded a $1.37 billion contract by Slovakia to manufacture 152 CV90 infantry fighting vehicles and that they’ll be equipped with Iron Fist systems and SPIKE-LR anti-tank guided missiles from Rafael.

Slovakia approved the replacement of its army’s armored personnel carriers in May 2017, with a plan to invest up to 1.2 billion euros ($1.3 billion) by 2029.

The Iron Fist system is meant to fend off anti-armor threats, such as rocket-propelled grenades, in both open terrain and urban environments. The system destroys threats by launching an explosive charge toward the incoming threat’s vicinity, and exploding it to create a shock wave that breaks apart or deflects the threat at a safe distance from the protected platform.


div class=”default__Wrapper-cy7r53-1 iWrUWb”>

Tzally Greenberg is the Israel correspondent for Defense News. He has experience reporting on economic affairs as well as defense and cyber companies.



Any text modified or added by CorruptionLedger is highlighted in blue, and the following characters indicate content was shortened: [...]