Elbit Systems Awarded $10 Million Contract to Supply Coastal Surveillance System to Lithuania
March 28 2007 - 7:06AM
PR Newswire (US)
HAIFA, Israel, March 28 /PRNewswire-FirstCall/ -- Elbit Systems
Ltd. (NASDAQ:ESLT) announced that it was awarded a $10 million
contract for delivery and commissioning of an integrated coastal
surveillance system to Lithuania. Deliveries are scheduled for the
end of 2007. The project is funded by the European Union (EU),
Schengen facility program.Under the terms of the contract, Elbit
Systems will furnish coastal sites with monitoring and surveillance
capabilities. The system will enable complete coverage of the
entire coastline against smuggling and other illegal border
activities. Elbit Systems will provide a complete turn-key project
including infrastructure, communication, command and control
software, building of towers and placement of hierarchical control
rooms. Full support of the system starts with commissioning and
continues through training and complete Integrated Logistics
Support (ILS). The system employs both radar and electro-optic
coverage of the coastline using the latest coastal radar
technologies and video surveillance systems. It provides long-range
surveillance by day and night, and in conditions of reduced
visibility. All sensors data and other inputs are routed through a
series of command and control rooms, built in hierarchical fashion,
to enable data fusion and processing for all levels of decision
makers. The system is based on a coastal surveillance and
management C4I software, employing unique and advanced features to
enable easy operation, while simplifying control by increasing the
level of automatic and autonomous operation. The system employs
advanced data processing, fusion and sharing capabilities, enabling
simultaneous control of multiple remote coastal sites, from single
or multiple C(2) workstations (on a client-server basis). It also
includes an AIS (Automatic Identification System) and DF (Direction
Finders) system. According to Mr. Uri Dobkin, General Manager of
Elbit Security: "In recent years we see an increased demand for
smarter and more autonomous border management systems. This system
is built on the concept of providing highly proficient data fusion
and processing capabilities to provide a valuable decision making
and enforcement tool for border guard forces around the world. The
system employs field proven technologies which are available at
Elbit Systems, to provide the most advanced systems of its kind
today. The system has already been implemented in countries around
the globe." About Elbit Systems Ltd. Elbit Systems Ltd. is an
international defense electronics company engaged in a wide range
of defense-related programs throughout the world. The Elbit Systems
Group, which includes the company and its subsidiaries, operates in
the areas of aerospace, land and naval systems, command, control,
communications, computers, intelligence, surveillance and
reconnaissance ("C4ISR"), advanced electro-optic and space
technologies, EW suites, airborne warning systems, ELINT systems,
data links and military communications systems and equipment. The
Group also 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:
Joseph Gaspar, Corporate VP & CFO Dalia Rosen, Director of
Corporate Communications Elbit Systems Ltd Tel: +972-4-831-6663
Fax: +972-4-831-6944 E-mail: IR Contact: Ehud Helft / Kenny Green
G.K. Investor Relations Tel: +1-866-704-6710 Fax: +972-3-607-4711
E-mail: DATASOURCE: Elbit Systems Ltd CONTACT: Contacts: Company
Contact: Joseph Gaspar, Corporate VP & CFO, Dalia Rosen,
Director of Corporate, Communications, Elbit Systems Ltd, Tel:
+972-4-831-6663, Fax: +972-4-831-6944, E-mail: , ; IR Contact: Ehud
Helft / Kenny Green, G.K. Investor Relations, Tel: +1-866-704-6710,
Fax: +972-3-607-4711, E-mail:
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