JERUSALEM, July 9 Reuters Israel Aerospace Industries IAI ISRAI.UL has entered a 1 billion contract to supply one of its systems to an unnamed third party, the stateowned defence contractor said on Tuesday.

IAI, which makes some of Israel39;s most advanced drones and missile defence systems, said in a regulatory filing in Tel Aviv that the deal is expected to reach about 1 billion and be carried out over five years.

It will produce and supply a system to a third party, IAI said, declining to provide further detail.

Reporting by Ari Rabinovitch; editing by Jason Neely

Source Reuters