ESLT Elbit Systems Ltd

HAIFA, Israel, June 7 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ:ESLT) announced that its UK company with Thales UK - UAV Tactical Systems Ltd. (U-TacS) has been awarded a contract worth approximately $110 million by Thales UK to provide an urgent intelligence, Surveillance, Target Acquisition and reconnaissance (ISTAR) support capability for the UK Armed Forces. The program, will commence immediately and will take place over the next few years. The contract includes the provision of Hermes(R) 450 UAV systems, as well as training of the UK MoD staff in use and maintenance of the system, and the provision of contractor logistic support (CLS) and program management services. This work will be managed from the U -TacS facility in Leicester, UK, which currently employs approximately 100 personnel. U -TacS also provides the core UAV systems for the Thales UK Watchkeeper UAV system. The President and CEO of Elbit Systems, Joseph Ackerman said: "Once again, we are proud to be a part of a winning team together with Thales UK in a project based on the High End tactical Hermes(R) 450 UAV, globally recognized as a brand name for UAV customers worldwide." U-TacS is held 51% by Elbit Systems with the balance being owned by Thales UK. About Elbit Systems 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: +972-4-8316663 Fax: +972-4-8316944 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: +972-4-8316663, Fax: +972-4-8316944, 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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