Israel Aircraft Industries has been contracted to supply the Heron unmanned aerial vehicle (UAV) system, also known as the Machatz 1, to the Israel Air Force (IAF), a spokesman for the company announced Sunday. The order is valued in excess of $50 million, and includes long-term maintenance contract. The Heron can fly at an altitude of 30,000 feet and an endurance of over 40 hours. Moshe Keret, President of Israel Aircraft Industries , said "We are proud and pleased to have been selected by Israel's Ministry of Defense to provide the Machatz 1 to the Israel Air Force. This system represents a significant step function for the IAF widely recognized as leaders in the deployment and integration of UAVs."