HAIFA, Israel, December 20, 2010 /PRNewswire-FirstCall/ -- Elbit
Systems Ltd. (NASDAQ and TASE: ESLT) ("ESLT") announced today that
it was awarded a contract valued at approximately $16 million from the Polish Ministry of National
Defense to supply mobile multi-sensor monitoring and surveillance
systems for the Polish Army. The project is scheduled to be
completed in the next year.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )
According to the contract, a consortium composed of Elbit
Systems Land and C4I-Tadiran and the Polish Military Communication
Institute, will provide a variety of sensors to be deployed onboard
a ROSOMAK 8X8 vehicle. The systems onboard the vehicle will be
comprised of a variety of visual payloads, TV, thermal vision
systems, motion detection battlefield surveillance radar unit,
encrypted communications systems, as well as an unmanned aircraft
system (UAS) system. The project will be performed in cooperation
with the local Polish industries.
Bezhalel (Butzi) Machlis, General Manager of Elbit Systems Land
and C4I - Tadiran, noted: "We are very proud to be selected to
perform this technologically advanced project for the Polish Army
in cooperation with the Military Communication Institute. Offering
innovative end-to-end surveillance capabilities, we are able to
provide our customers with cutting-edge Intelligence solutions, and
we hope this project will be followed by further projects in
Poland and in other countries as
well."
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics
company engaged in a wide range of 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,
developing new technologies for defense, homeland security and
commercial aviation applications and providing a range of support
services.
For additional information, visit:
http://www.elbitsystems.com.
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.
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, VP & Head of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail: j.gaspar@elbitsystems.com
dalia.rosen@elbitsystems.com
IR Contact:
Ehud Helft / Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
E-mail:elbitsystems@ccgisrael.com
SOURCE Elbit Systems Ltd