ESLT Elbit Systems Ltd

HAIFA, Israel, October 6 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ:ESLT) reported today that EFW Inc, an Elbit Systems of America company, has been awarded a $57 Million framework contract (IDIQ - Indefinite Delivery / Indefinite Quantity contract) by the US Government to supply the ANVIS/HUD for US Army utility helicopters and other DOD rotary-wing platforms. Under this contract, which will cover up to a five-year period, the Army may place purchase orders with EFW for ANVIS/HUD systems from time to time for up to the aggregate amount of the contract. The ANVIS/HUD system provides a significant increase in situational awareness and safety by allowing the pilot to fly "head out of the cockpit" during night operations and projecting critical flight information into the night vision goggles' view. This system has been in operational use by US Army, US Navy / Marines and USAF rotary wing pilots since the mid 1990's and is installed on most of these utility and special operations helicopter fleet platforms, including the H-60, CH-53 CH-47, CH-46, H-1, V-22 and others. Commenting on the award, Rotorcraft Mission Systems Vice President Kelly Dameron said, "This award will allow EFW to continue the supply of operationally excellent systems for US pilots to safely and effectively execute their night missions." EFW Inc. also supplies the Integrated Helmet and Display Sighting System (IHADSS) used to provide US Army Apache attack helicopter pilots with helmet mounted night vision, flight data, and weapons targeting information. Additionally, EFW with its VSI joint venture, provides the Joint Helmet Mounted Cueing System (JHMCS) used in fixed wing fighter aircraft in the US and other allied countries and is under contract to supply the highly advanced HMD system for the F-35 Joint Strike Fighter program. EFW provides systems for various weapon platforms for US and allied military forces. EFW is a Gold supplier to Boeing and a valued Team Apache Member. About Elbit Systems Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world, in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance ("C4ISR"), advanced electro-optic and space technologies. The company focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications. Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission. Contacts: Company contact: Ilan Pacholder, Corporate Secretary and VP Finance & Capital Markets Elbit Systems Ltd. Tel: +972-4-831-6632 Fax: +972-4-831-6659 IR Contacts Ehud Helft/Kenny Green GK International Tel: +1-866-704-6710 Fax: +972-3-607-4711 DATASOURCE: Elbit Systems Ltd. CONTACT: Company contact: Ilan Pacholder, Corporate Secretary and VP Finance & Capital Markets, Elbit Systems Ltd., Tel: +972-4-831-6632, Fax: +972-4-831-6659, . IR Contacts: Ehud Helft/Kenny Green, GK International, Tel: +1-866-704-6710, Fax: +972-3-607-4711, ,

Copyright