HAIFA, Israel, November 17, 2014 /PRNewswire/ --
Elbit Systems Ltd. (NASDAQ and TASE :ESLT)
("Elbit Systems") announced today that it was awarded a contract
from DIEHL BGT Defence GmbH & Co. KG ("DIEHL Defence") to
provide J-MUSIC™ Multi-Spectral Directed Infrared Counter Measure
(DIRCM) systems for the first phase of the German Air Force's
Self-Protection program for its new Airbus A400 aircraft. The
contract will be performed over approximately one-year and is in an
amount that is not material to Elbit Systems.
Designed to protect large military and commercial aircraft
against attacks by ground to air heat seeking man-portable missiles
(MANPADS), the J-MUSIC systems, will be integrated into a
multi-turret DIRCM system, ensuring 360° protection of the
aircraft.
Elbit Systems has completed extensive testing of the J-MUSIC
system and has already delivered systems to equip several types of
aircraft to various customers.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems,
commented: "We are proud of our cooperation with DIEHL Defence on
DIRCM that has resulted in this initial contract for the protection
of the German Air Force's A400M aircraft. Our DIRCM systems provide
effective protection to the growing threat of MANPADS, and we hope
that additional customers will follow and select our systems as
their preferred solution".
The C-MUSIC DIRCM system, another member of Elbit Systems DIRCM
family, was developed for the Israeli National "Sky Shield" program, for the protection of the
Israeli large commercial aircraft fleet.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics
company engaged in a wide range of 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 ("UAS"), advanced electro-optics, electro-optic space
systems, EW suites, signal intelligence ("SIGINT") systems, data
links and communications systems and radios. The Company also
focuses on the upgrading of existing military platforms, developing
new technologies for defense, homeland security and commercial
aviation applications and providing a range of support services,
including training and simulation systems.
For additional information, visit: http://www.elbitsystems.com
or follow us on Twitter.
About Diehl Defence
Diehl Defence is a corporate division of the German Diehl Group,
concentrating all business activities in the fields of defence and
security as a holding company. Diehl Defence achieves annual sales
of € 540 million* with 2,800 employees*. As a competent partner of
international armed forces, Diehl Defence manages numerous
subsidiaries, program and affiliated companies.
The product portfolio ranges from highly accurate guided
missiles for armies, air forces and navies, system solutions for
ground-based air defence, intelligent ammunition solutions to
innovative reconnaissance and protection systems. In the fields of
equipment, repair and modernisation of military vehicles, Diehl
Defence is also among the leading global supplier.
(*Trend 2014)
This press release contains forward-looking statements (within
the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended) regarding Elbit Systems Ltd. and/or its subsidiaries
(collectively the Company), to the extent such statements do not
relate to historical or current fact. Forward Looking
Statements are based on management's expectations, estimates,
projections and assumptions. Forward-looking statements are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, as amended. These
statements are not guarantees of future performance and involve
certain risks and uncertainties, which are difficult to predict.
Therefore, actual future results, performance and trends may
differ materially from these forward-looking statements due to a
variety of factors, including, without limitation: scope and length
of customer contracts; governmental regulations and approvals;
changes in governmental budgeting priorities; general market,
political and economic conditions in the countries in which the
Company operates or sells, including Israel and the
United States among others; differences in anticipated and
actual program performance, including
the ability to perform under long-term fixed-price contracts;
and the outcome of legal and/or regulatory proceedings. The
factors listed above are not all-inclusive, and further information
is contained in Elbit Systems Ltd.'s latest annual report on Form
20-F, which is on file with the U.S. Securities and Exchange
Commission. All forward-looking statements speak only as of the
date of this release. The Company does not undertake to update its
forward-looking statements.
Elbit Systems Ltd. , its logo, brand, product, service, and
process names appearing in this Press Release are the trademarks or
service marks of Elbit Systems Ltd. or its affiliated companies.
All other brand, product, service, and process names
appearing are the trademarks of their respective holders.
Reference to or use of a product, service, or process other
than those of Elbit Systems Ltd. does not imply recommendation,
approval, affiliation, or sponsorship of that product, service, or
process by Elbit Systems Ltd. Nothing contained herein shall be
construed as conferring by implication, estoppel, or otherwise any
license or right under any patent, copyright, trademark, or other
intellectual property right of Elbit Systems Ltd. or any third
party, except as expressly granted herein.
Contacts:
Company Contact:
Joseph Gaspar, Executive
VP & CFO
Tel: +972-4-8316663
j.gaspar@elbitsystems.com
Dalia Rosen, VP, Head of
Corporate Communications
Tel: +972-4-8316784
dalia.rosen@elbitsystems.com
Elbit Systems Ltd.
IR Contact:
Ehud Helft
Kenny Green
GK Investor Relations
Tel: 1-646-201-9246
elbitsystems@gkir.com
SOURCE Elbit Systems Ltd