ATK and Elbit Systems Conduct Successful Flight Test of GATR From OH-58D Kiowa Warrior Helicopter
December 02 2009 - 4:24AM
PR Newswire (US)
Results Demonstrate Low-Cost, Rapid Development of Affordable
Precision HAIFA, Israel, December 2 /PRNewswire-FirstCall/ -- Elbit
Systems Ltd. (NASDAQ:ESLT) and Alliant Techsystems (NYSE:ATK) have
successfully conducted flight tests of the Guided Advanced Tactical
Rocket (GATR) from a U.S. Army rotary-wing helicopter: the OH-58D
Kiowa Warrior. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080408/300441 ) The tests
took place during a recent U.S. Aviation Applied Technology
Directorate (AATD) demonstration, conducted at Eglin Air Force Base
in Florida. GATR was fired from a Kiowa Warrior helicopter using
"lock-on before launch" to engage targets exceeding five (5)
kilometers. The multiple laser-designated guided test flights,
launched from a standard 2.75-inch launcher, resulted in direct
impacts on all targets. The pilot of the OH-58 was able to confirm
lock-on of the GATR prior to launch. "The cooperation with ATK, and
the synergy from both companies' highly advanced technologies,
enabled us to bring to market cutting edge, precise munitions to
answer the requirements of today's combat arena." said Ran
Hellerstein, Co-General Manager of Elbit Systems' Aerospace
Division. "ATK has successfully positioned itself as a partner of
choice, and by teaming with Elbit Systems; we have rapidly
developed and deployed a low-cost precision system to meet our
customers' needs," said Mark DeYoung, ATK Senior Vice President and
President Armament Systems. Originally announced in July 2008, GATR
benefits from a robust design, which combines combat-proven
performance, a minimum smoke signature and the reliability of an
ATK-produced propulsion system, similar to a system employed on
millions of rockets produced for the United States Army. GATR
contains a guidance and control system built with the experience of
Elbit Systems' heritage in high-performance laser seekers for the
United States and international customers. It employs advanced
acquisition, tracking and guidance algorithms to achieve one-meter
accuracy against stationary and moving targets. In its tactical
configuration, GATR will incorporate an Insensitive Munitions (IM)
rocket motor and a family of IM warheads to include
blast/fragmentation and penetration. GATR minimizes collateral
damage, while providing stand-off deployment against a wide array
of target sets. GATR supports lock-on before or after launch as
well as autonomous or remote laser designation. The system can be
deployed against targets at ranges exceeding 8 kilometers from
fixed and rotary-wing aircraft. It is compatible with existing
2.75"/70mm launcher hardware. GATR will be particularly effective
in urban areas or against targets where a low collateral damage
solution is required. The GATR system fills the gap between larger,
more expensive guided missiles and the current family of unguided
rockets. 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. For additional information, visit
http://www.elbitsystems.com/. About ATK ATK is a premier aerospace
and defense company with more than 18,000 employees in 22 states,
Puerto Rico and internationally, and revenues in excess of $4.8
billion. News and information can be found on the Internet at
http://www.atk.com/. Elbit Systems 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. ATK Certain information discussed in
this press release constitutes forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Although ATK believes that the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be achieved.
Forward-looking information is subject to certain risks, trends and
uncertainties that could cause actual results to differ materially
from those projected. Among those factors are: the challenges of
developing advanced, precision-fire weapons; changes in
governmental spending, budgetary policies and product sourcing
strategies; the company's competitive environment; the terms and
timing of awards and contracts; and economic conditions. ATK
undertakes no obligation to update any forward-looking statements.
For further information on factors that could impact ATK, and
statements contained herein, please refer to ATK's most recent
Annual Report on Form 10-K and any subsequent quarterly reports on
Form 10-Q and current reports on Form 8-K filed with the U.S.
Securities and Exchange Commission. Contacts: Company Contact: IR
Contact: Joseph Gaspar, Executive VP & CFO Ehud Helft / Kenny
Green Dalia Rosen, Head of Corporate Communications Elbit Systems
Ltd G.K. Investor Relations Tel: +972-4-8316663 Tel:
+1-646-201-9246 Fax: +972-4-8316944 E-mail: E-mail: ATK Contacts:
Amanda Covington, Communications Tel: +1-801-779-4625 Jeff
Huebschen, Investor Relations Tel: +952-351-2929 E-mail: ,
http://www.newscom.com/cgi-bin/prnh/20080408/300441DATASOURCE:
Elbit Systems Ltd CONTACT: 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: ; ATK
Contacts: Amanda Covington, Communications, Tel: +1-801-779-4625,
Jeff Huebschen, Investor Relations , Tel: +952-351-2929, E-mail: ,
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