Elbit Systems of America Awarded US$15.6M Contract for Tactical Video Data Link (TVDL) for U.S. Marine Corps AH-1W
January 20 2010 - 5:55AM
PR Newswire (US)
FORT WORTH, Texas, January 20 /PRNewswire-FirstCall/ -- Elbit
Systems of America, LLC, a wholly owned subsidiary of Elbit Systems
Ltd. (NASDAQ:ESLT) announced receipt of a contract from NAVAIR for
Elbit Systems Tactical Video Data Link (TVDL) for the USMC AH-1W
Attack Helicopter. The contract effort covers the development,
production and installation of retrofit kits to incorporate TVDL
into the AH-1W platform. Elbit Systems of America will be assisted
in the effort by subcontractors Tadiran Spectralink and Service
Support Associates Inc. (SSAI). Elbit Systems of America was chosen
based upon the previously successful flight demonstration of TVDL
in June 2008 at Patuxent River NAS, Maryland. The program is valued
at approximately US$15.6 million and will be performed through 2010
including installation into fleet helicopters. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080408/300488 ) Elbit Systems
of America President and CEO, Raanan Horowitz commented on the
award: "Elbit Systems of America is pleased to provide this
tactical video capability to the USMC AH-1W team. The TVDL will
enable critically needed interoperability with other aircraft,
ground forces and UAS. It will greatly enhance situational
awareness and dissemination of valuable sensor information to the
war-fighter." The TVDL will provide US Marine Corps helicopter
pilots with live UAS video and targeting information combined with
the ability to retransmit this video and/or on board sensor video
to other aircraft or and ground forces. The TVDL system weight is
less than 8.5 lbs. The systems are planned to be operational in
USMC fleet helicopters by the end of FY2010. 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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