IAI's Bedek: $100m contract for B767-200 cargo conversions

According to the contract IAI will convert up to 14 aircraft from ABX Air PC configuration to Bedek Special Freighter Configuration. All work will be performed in Israel
 
Air Transport Services Group, Inc., through its subsidiary Cargo Aircraft Management, Inc., awarded Israel Aerospace Industries Ltd. Bedek Aviation Group (IAI Bedek) a new conversion contract for B767-200 passenger aircraft into freighter configuration.
  
The contract, signed during the Cargo Facts Conference held last week in Miami, FL, is to convert up to fourteen (14) aircraft from ABX Air PC configuration to Bedek Special Freighter Configuration (BDSF). The actual value of the transaction is undisclosed but exceeds $100 million.
 
The prototype aircraft is already under work and should receive STC certification in June 2009. The second aircraft (first series aircraft) is scheduled for induction in March 2009. All work will be performed in Israel with two parallel production lines running.
 
Israel Aerospace Industries’ Bedek Aviation Group is a leading supplier of aviation maintenance, repair, overhaul and conversion services on a variety of commercial and military aircraft, engines and components. Bedek provides cost-effective, total maintenance support packages through its Full Service Provider Programs.
 
IAI president and CEO Yitzhak Nissan said, "IAI's plane conversion line continues to grow as a core business of the Aircraft Division”.