FORT WORTH, Texas, March 5, 2013 /PRNewswire/ --
M7 Aerospace LLC, a wholly-owned subsidiary of Elbit Systems of
America LLC, will be working with BAE Systems to provide Contract
Logistics Support (CLS) for the T-34, T-44 and T-6 aircraft under a
contract awarded to BAE Systems by the Naval Air Systems Command
(NAVAIR). Under its NAVAIR contract, BAE Systems awarded M7 a
subcontract of approximately $50
million to be performed over a five-year period.
"We are pleased to team with BAE Systems for this opportunity
and to serve the United States
Chief of Naval Air Training," commented Raanan Horowitz, President and CEO of Elbit
Systems of America. "At Elbit Systems of America, our mission is to
develop innovative solutions that protect and save our warfighters'
lives. With this opportunity we are providing mission capable,
safe-for-flight aircraft for our nation's warriors as they train
for the future."
M7 Aerospace will provide CLS on the T-34 aircraft assigned to
Satellite sites, T-34/44/6 Organizational and Intermediate level
maintenance, Supply Chain Management and Engineering Services. The
work will support training at Naval Air Station Corpus Christi in
Texas, Naval Air Station Pensacola
and Naval Air Station Whiting Field in Florida.
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. For
additional information, visit: http://www.elbitsystems-us.com.
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.
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 © 2013
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: Shari Clarkson I
+1-682-286-2363 I sharon.clarkson@elbitsystems-us.com
SOURCE Elbit Systems of America