HAIFA, Israel, March 22, 2015 /PRNewswire/ --Elbit Systems
Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today
that the United States Marine
Corps (USMC) awarded Elbit Systems of America, LLC ("Elbit Systems
of America"), a wholly-owned subsidiary of Elbit Systems, a
$73.4 million Indefinite
Delivery/Indefinite Quantity (IDIQ) contract, for the Common Laser
Range Finder-Integrated Capability (CLRF-IC). The period of the
IDIQ contract extends through March 2020. To date, Elbit
Systems of America has received an initial order in the amount of
$7.5 million under the IDIQ
contract.
"We are pleased to provide the USMC with their new rugged
CLRF-IC, a lightweight system that is mission-ready and safer for
the foot-mobile Marine," commented Raanan
Horowitz, President and Chief Executive Officer of Elbit
Systems of America. "Leveraging the innovative capabilities of our
imaging, range finding, and degraded environment navigation
solutions, Marines are now able to acquire targets without breaking
cover from their concealed fighting positions and minimize impact
while on the move."
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 and radios. The Company also focuses on the upgrading
of existing 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: www.elbitsystems.com or
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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
|
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.
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visit:http://www.prnewswire.com/news-releases/elbit-systems-us-subsidiary-awarded-a-734-million-usmc-idiq-contract-for-common-laser-range-finder---integrated-capability-300054063.html
SOURCE Elbit Systems Ltd.