Israeli Firm Launches European Cooperation

Europe.
Israel's BVR Systems has signed an agreement with an unidentified major
European defense company. Under the deal, executives said, BVR, which
develops defense training and simulation systems, granted the European
company a license to avionics technology.
"This award is a further achievement in our long term strategy to
capture a major share in the rapidly evolving global embedded training
market, and an additional recognition of the added value of our unique IP,"
BVR chief executive officer Ilan Gillies said.