FORT WORTH, Texas, February 16, 2017 /PRNewswire/ --
Elbit Systems of America announced that
it was awarded an Indefinite Delivery Indefinite Quantity (ID/IQ)
contract to provide and field mortar fire control systems for the
U.S. Army. The contract was awarded by the Army Contracting
Command, Picatinny Arsenal, New
Jersey. If fully ordered, the maximum value of the contract
is $102 million. The contract
completion date is December, 2021.
This recent contract award further reinforces Elbit Systems of
America's position as a leading provider of mortar fire control
systems for the U.S. Army since 2009. The company was also awarded
the U.S. Army's Mortar Weapon Systems contract in the fall of 2016
for the production of 60mm, 81mm, and 120mm Mortar Weapon Systems.
In addition, Elbit Systems of America is responsible for all
aspects of fielding activity for 60mm, 81mm and 120mm mortar
systems and the M326 Mortar Stowage Kit (MSK). These contracts
support the Army's Product Manager for Guided Precision Munitions
and Mortar Systems for US and foreign allied delivery
requirements.
"Elbit Systems of America provides soldiers enhanced
capabilities and fire power to perform combat missions," said
Raanan Horowitz, president and chief
executive officer of Elbit Systems of America. "Our company
is focused on providing advanced and proven capabilities that our
nation's warfighters can trust to accomplish their mission and
return home."
Elbit Systems of America's mortar fire control systems for the
U.S. Army consist of the Mortar Fire Control Systems Mounted
(MFCS-M), Mortar Fire Control Systems Dismounted (MFCS-D), and a
lightweight handheld mortar ballistic computer. This improves
mission success with greater accuracy while reducing potential
exposure to the enemy. For example, the systems allow soldiers to
position the weapon, lock target, and engage the enemy in minimal
time.
"As an industry leader of fire control systems and mortar weapon
systems, Elbit Systems of America is committed to providing
advanced technologies that continuously improve our soldier's
ability to deliver responsive and accurate indirect fires,"
commented Dr. Amela Wilson, Elbit
Systems of America's vice president of Sensors and Fire Control
Solutions.
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 defense, homeland security, commercial aviation 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 or follow us on Twitter.
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
and cyber-based systems. 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: 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 © 2017 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.
Elbit Systems of America Media
Contacts:
Rod Gibbons, +1-817-234-6834,
rod.gibbons@elbitsystems-us.com
Shari Clarkson, +1-682-286-2363,
sharon.clarkson@elbitsystems-us.com
SOURCE Elbit Systems of America