JERUSALEM - Israel Aerospace Industries said on Wednesday it signed a $50 million contract to upgrade Kfir aircraft for the Sri Lankan Air Force.

The upgrades, which include aircraft upgrades and enhancement of operational capabilities, will be completed in cooperation with Sri Lanka's Air Force and in their local facilities, Israel Aerospace said.

(Reporting by Ari Rabinovitch) ((ari.rabinovitch@thomsonreuters.com; +972-2-632-2202; Reuters Messaging: ari.rabinovitch@thomsonreuters.com@reuters.net))