Elbit Systems of America Awarded $8.2M Contract for Helmet Display and Tracker System (HDTS) for U.S. Marine Corps AH-1W
January 13 2010 - 6:08AM
PR Newswire (US)
FORT WORTH, Texas, January 13 /PRNewswire-FirstCall/ -- Elbit
Systems of America, LLC, a wholly owned subsidiary of Elbit Systems
Ltd. (NASDAQ:ESLT) announced receipt of contracts from the United
States Marine Corps (USMC) for Elbit Systems of America Helmet
Display and Tracker System (HDTS) for the USMC AH-1W Attack
Helicopter. The contract effort covers the development of retrofit
kits to incorporate HDTS into the AH-1W helicopter. Elbit Systems
of America will be assisted in this program by subcontractors Elbit
Systems Ltd. Aerospace Division as well as Service Support
Associates Inc. Elbit Systems of America was chosen based upon the
previously successful 1st flight of HDTS on the USMC AH-1W in
November 2007 at NAS Patuxent River, Maryland. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080408/300488 ) The program
is valued at $8.2 million and is to be performed through 2010.
Award of a contract for HDTS production kits and installation is
expected in September 2010. The HDTS system provides significant
increases in situational awareness and safety by allowing pilots to
fly "head out of the cockpit" during day and night operations and
combines it with Other Pilot Line of Sight (OPLOS) information.
This information further increases crew situational awareness and
effectiveness, while reducing workload. The system is based on the
proven Elbit Systems ANVIS/HUD(R) which has been in use by U.S.
Army, U.S. Navy, U.S. Marines and U.S. Air Force rotary wing pilots
since the mid- 1990's. The system is installed on most of the U.S.
utility and cargo helicopter fleet platforms, including the UH-60L,
CH-53E, CH-47D, CH-46E, UH-1N, V-22 and others, and has seen
extensive operational use in Iraq and Afghanistan. Commenting on
the contract milestone, Raanan Horowitz, President and CEO of Elbit
Systems of America said, "Elbit Systems of America is pleased and
honored to support the USMC AH-1W team. The previous demonstration
efforts were completed months ahead of schedule and we will press
ahead for similar results in this program phase. Production
deliveries of the HDTS will provide greatly enhanced situational
awareness and reduce cockpit workload for the USMC war-fighter in
the AH-1W cockpit." In combination with OPLOS and weapons aiming
and targeting information, the HDTS will provide US Marine Corps
helicopter pilots with flight data symbology 24 hours a day,
utilizing new, light-weight flat panel displays superimposed over
helmet mounted night vision goggles for the night, and the Day HUD
for day display of relevant flight symbology. About Elbit Systems
of America, LLC Elbit Systems of America is a leading provider of
high performance products and system solutions focusing on the
commercial aviation, defense, homeland security, and medical
instrumentation markets. With facilities throughout the United
States, Elbit Systems of America is dedicated to supporting those
who contribute daily to the safety and security of the United
States. Elbit Systems of America, LLC is wholly owned by Elbit
Systems Ltd. (NASDAQ:ESLT), a global electronics company engaged in
a wide range of programs for innovative defense and commercial
applications. 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 aircraft systems ("UAS"),
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, please visit us
at:http://www.elbitsystems.com. Trademarks Elbit Systems of America
and other trademarks, service marks and logos are registered or
unregistered marks of Elbit Systems of America companies in the
United States and in foreign countries. Copyright (c) 2009 Elbit
Systems of America. All rights reserved. Forward Looking Statement
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. Contact: Lynn Peugh, +1-817-234-6696,
http://www.newscom.com/cgi-bin/prnh/20080408/300488DATASOURCE:
Elbit Systems of America CONTACT: Contact: Lynn Peugh,
+1-817-234-6696,
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