TALLADEGA, Ala., Dec. 4, 2011 /PRNewswire/ -- Elbit Systems
of America, LLC, a wholly owned subsidiary of Elbit Systems Ltd.,
has been awarded a five-year, Indefinite Delivery/Indefinite
Quantity (IDIQ) contract in the amount of up to $38.5, by the Defense Logistics Agency-Ogden for
the manufacture of Reliability and Maintainability (R&M)
Electronic Module Assemblies (EMA) for all US Air Force Block 30
and Block 50 f-16 Wide Angle Conventional (WAC) Head Up Displays
(HUDs). To date, Elbit Systems of America has received initial
orders in the amount of $3 million
under the IDIQ contract.
The Wide Angle Conventional Head-Up Display (WAC HUD) takes
critical flight and mission data which is normally displayed inside
the cockpit on an instrument panel and projects that information on
a transparent surface directly in front of the pilot allowing for
eyes out of the cockpit and improved situational
awareness.
This contract fully implements the Value Engineering Change
Proposal (VECP) submitted by Elbit Systems of America to replace
the legacy electronic module within the WAC HUD. Elbit Systems of
America Services and Support Solutions developed the new design in
conjunction with its affiliate, Elbit Systems Electro-Optics Elop
Ltd. (Elop). The assemblies utilize legacy optics but replace the
outmoded chassis, cathode ray tube (CRT) and associated drive
control electronics with current technology. The new design reduces
total part count, lowering power consumption and significantly
improving meantime between failure (MTBF)
Commenting on the award, Elbit Systems of America President and CEO, Raanan Horowitz, stated: "We are pleased to
provide F-16 operators with this upgraded HUD and to enable
increased mission availability through an order of magnitude
improvement in reliability. Elbit Systems of America's Services and
Support Solution business is a leader in providing innovation for
cost effective system support. For the F-16 HUD, we partnered with
the U.S. Air Force to develop a solution which significantly
reduces life cycle cost. This is especially important considering
the budget pressures faced these days by the US military."
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 and TASE: 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 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:
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 ©
2010 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: Tarrah Ledoux I 603.886.2269 I
tarrah.ledoux@elbitsystems-us.com
SOURCE Elbit Systems of America