F-35, Eglin project get funding

Rockwell Collins and Israeli defense contractor Elbit Systems said their joint venture, Vision Systems International LLC, received several contracts from Lockheed Martin totaling more than $54.1 million for 52 helmet-mounted displays for the F-35 Joint Strike Fighter and 30 additional systems. Rockwell Collins also received initial financing for the pilot facility standup at Eglin Air Force Base, Fla., for the displays. The joint venture will start delivering the items this year, with deliveries running through 2012. (Sources: Forbes, MarketWatch, Reuters, 06/16/09)