Elbit Systems to Equip Australia With Additional Skylark(R) I UAVs
August 03 2008 - 5:05AM
PR Newswire (US)
HAIFA, Israel, Aug. 3 /PRNewswire-FirstCall/ -- Elbit Systems Ltd.
(NASDAQ:ESLT) announced today that it was awarded yet another
contract to supply the Australian Army with more Skylark(R) I UAV
systems for an estimated value of several million dollars. This is
the Australian Department of Defence's third Skylark(R) order,
following the initial order for the Australian Army in 2005. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080408/300441 ) Haim
Kellerman, Executive Vice President and General Manager of Elbit
Systems UAS Division, said, "Australia's decision to equip its Army
with an additional set of Skylark(R) I UAV systems underscores
recognition of the UAV systems' capabilities and added value to
soldiers in active war zones." The Skylark(R) I, advanced mini-UAV
system, is a unique man-pack configuration designed for day and
night observation and data collection "beyond the hill" up to
distances of 10-15 km. The mini-UAV system is equipped with an
exceptionally quiet electric motor, totally autonomous flight and
outstanding observation capabilities allowing for easy operation
and orientation. The system can be launched by soldiers after a
brief training period. The Skylark(R) I system enhances ground
forces' tactical performance in various mission scenarios.
Skylark(R) I UAV systems are in operational use in several leading
armies worldwide, such as the Israeli Defense Forces as well as
coalition armies who successfully operate the UAV in various
tactical arenas, including Afghanistan and Iraq. 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 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
Air Vehicle (UAV) systems, advanced electro-optics, electro-optic
space systems, EW suites, airborne warning systems, ELINT systems,
data links and military communications systems and radios. The
Company also focuses on the upgrading of existing military
platforms and developing new technologies for defense, homeland
security and commercial aviation applications. Contacts: Company
Contact: Joseph Gaspar, Executive VP & CFO Dalia Rosen, Head 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: 1-646-201-9246 E-mail: 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.
http://www.newscom.com/cgi-bin/prnh/20080408/300441
http://photoarchive.ap.org/ DATASOURCE: Elbit Systems Ltd. CONTACT:
Joseph Gaspar, Executive VP & CFO, , or Dalia Rosen, Head of
Corporate Communications, , both of Elbit Systems Ltd.,
+972-4-8316663, or fax, +972-4-8316944; IR: Ehud Helft or Kenny
Green, both of G.K. Investor Relations, +1-646-201-9246, , for
Elbit Systems Ltd.
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