Elbit Systems Awarded a $27 Million Contract to Supply Air-to-Air Combat Training Systems to a Navy in South Asia
Haifa, Israel, August 17, 2020 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or “the Company”) announced today that it was awarded a contract valued at approximately $27 million to supply air-to-air combat training systems for the Navy of a South Asian Country. The contract will be performed over a two-year period, to be followed by three years of availability-based maintenance.
The contract calls for the supply of EHUDTM Air Combat Maneuvering Instrumentation (“EHUD ACMI”) systems, to be operated from the Navy’s shore bases as well as onboard aircraft carriers.
EHUD ACMI offers advanced air-to-air combat training capabilities, including features such as real-time hit notification and removal, real-time electronic warfare and air-to-air weapons delivery, simulation and advanced debriefing. The system supports an unlimited number of live networked participants, through Elbit Systems’ data-link protocol that also allows interoperability with existing EHUD ACMI systems operated by the customer. The EHUD ACMI training systems are currently operated by numerous Air Forces across four continents, including several NATO countries.
Yoram Shmuely, General Manager of Elbit Systems’ Aerospace Division commented: “We are proud to supply advanced combat training capabilities to the customer’s Navy, following the successful operation of these systems by its Air Force. Elbit Systems is the Israel Defense Forces’ training and simulation house and our continued investment in this area together with the extensive operational experience we have accumulated, enable us to stay well ahead of the curve, also to the benefit of our international customers.”
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
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Contacts:
Company Contact:
Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663
j.gaspar@elbitsystems.com
Rami Myerson, Director, Investor Relations
Tel: +972-77-2946403
rami.myerson@elbitsystems.com
David Vaaknin, VP, Brand & Communications
Tel: +972-77-2946691
david.vaaknin@elbitsystems.com
IR Contact:
Ehud Helft
Gavriel Frohwein
GK Investor Relations
Tel: 1-646-688-3559
elbitsystems@gkir.com
