Elbit Systems Awarded a $107 Million Contract from the Israeli MOD to Supply Advanced Armor Training Centers

Haifa, Israel, January 3, 2023– Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded a contract valued at approximately $107 million to provide, operate and maintain the new Main Battle Tank (MBT) simulation and training centers of the Israeli Defense Forces’ (IDF) Armored Corps. The new training centers will train commanders and soldiers of the Armored Corps and will maintain readiness of both regular and reserve units. The centers will be delivered over a three-year period and the contract includes operation and maintenance services for an additional period of fifteen years.

The future simulation and training centers will operate on the IDF’s cloud using the Elbit Systems’ cloud-native platform-agnostic OneSim™ simulation software infrastructure. The IDF’s new MBT training systems will include high fidelity platform trainer turrets and high-fidelity platform trainer drivers with accurate physical models. The training systems integrate the tank’s operational sub-systems and simulate main and secondary armament weapon capabilities, all connected to an innovative common synthetic simulation environment, aiming to provide commanders and tank crews with the capability to experience a range of real-life battlefield challenges. The systems will support individual and collective training up to company level.

The new training centers will incorporate dedicated stations designed to train the crews together with operational intelligence, combat support and logistic units enabling the training of all the components of the combined arms company in a range of operational combat scenarios. Integrated advanced recording and debriefing capabilities will enable event reruns, logging and data analysis as well as trainees’ performance tracking, from qualification training to training during reserve duty.

Elbit Systems’ training and simulation technological solutions have been selected to-date by a range of customers among them the U.S., Israel, the UK, Greece, The Netherlands, Poland and others. 

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said: “We are proud to support the IDF’s efforts to elevate its tank training to the next level. Armed Forces around the world are redesigning their training capabilities seeking to increase readiness while improving efficiency at the same time. This contract award underlines our leading position in this area.”

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.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.

Company Contact: 
Joseph Gaspar
, Senior EVP – Business Management 
Tel:  +972-77-2948661 
j.gaspar@elbitsystems.com 

Dr. Yaacov (Kobi) Kagan, EVP & Chief Financial Officer 
Tel:  +972-77-2946663 
kobi.kagan@elbitsystems.com 

Rami Myerson, Director, Investor Relations 
Tel: +972-77-2948984 
rami.myerson@elbitsystems.com 

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com 

IR Contact:
Ehud Helft 
Kenny Green

GK Investor Relations
Tel: 1-646-201-9246
elbitsystems@gkir.com 
 

View source version on Elbit Systems Ltd: https://elbitsystems.com/pr-new/elbit-systems-awarded-a-107-million-contract-from-the-israeli-mod-to-supply-advanced-armor-training-centers/?pageid=PR%20-20%20News