FORT WORTH, Texas, December 11, 2014 /PRNewswire/ --
Ogden Air Logistic Complex (ALC) and Elbit Systems of America,
LLC, a subsidiary of Elbit Systems, Ltd., recently signed a
Public-Private Partnership (PPP) Agreement defining how the two
entities will collaborate during prospective contract opportunities
to bring the best possible services and solutions to the
warfighter.
Under a PPP, such as that signed by the ALC and Elbit Systems of
America, the depot would have the opportunity to increase its
workload and manpower while industry supplies Engineering Services
and Spares creating a win-win situation for both private industry
and the government agency.
"By entering in the PPP with Elbit Systems of America, we
gain resources necessary to improve capabilities for our
warfighter," stated Michelle
Hathaway, Chief, Strategic Partnering 00-ALC/ OBP. "Through
the PPP, we are able to receive engineering data, quickly learn
about advances in technology, gain or maintain certification
levels, improve value engineering change proposals, strengthen
training opportunities, provide direct labor and use existing
facility infrastructure to support potential work in the areas of
the F-16 Radar Systems, Head Up and Head Down displays, Helmet
Mounted Displays, Depot/Contract Field Team Support, Software
development and new capabilities for Laser Systems."
"The partnership agreement affords us the opportunity to
strengthen our alliance with the ALC while reducing cost to the
taxpayers," said Kelly Dameron, Vice
President of Elbit Systems of America's Airborne Solutions. "More
importantly, by defining in advance certain contract requirements,
we can rapidly deliver solutions to meet ALC's logistical needs. We
both bring our greatest assets to the table, and ultimately, to the
military men and women in the field. This is team work at its
finest."
About Elbit Systems of America, LLC
Elbit Systems of America is a leading provider of high
performance products, system solutions, and support services
focusing on the commercial aviation, defense, homeland security,
cyber security, and medical instrumentation markets. With
facilities throughout the United States, Elbit Systems of
America is dedicated to supporting those who contribute daily to
the safety and security of the United States. Elbit Systems
of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ and
TASE: ESLT), a global electronics company engaged in a wide range
of programs for innovative defense and
commercial applications. For additional information, visit:
http://www.elbitsystems-us.com.
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.
Trademarks
Elbit Systems of America and other trademarks, service marks and
logos are registered or unregistered marks of Elbit Systems of
America companies in the United
States and in foreign countries. Copyright © 2014
Elbit Systems of America. All rights reserved.
Forward Looking Statement
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.
Contact: Shari Clarkson | +1-682-286-2363 |
sharon.clarkson@elbitsystems-us.com
SOURCE Elbit Systems of America