HAIFA, Israel, April 24, 2013 /PRNewswire/ --
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit
Systems"), announced today that it was awarded an approximately
$40 million contract to supply a
country in Africa with the Wise
Intelligence Technology (WiT[TM])
System for Intelligence Analysis and Cyber Defense.
The system will be supplied within two years.
A highly advanced end-to-end solution, WiT™ supports every stage
of the intelligence process, including the collection of the data
from multiple sources, databases and sensors, processing of the
information, supporting intelligence personnel in the analysis and
evaluation of the information and disseminating the intelligence to
the intended recipient. WiT[TM]
will be integrated with various data sources, including Elbit
Systems' Open Source Intelligence (OSINT) solution and Elbit
Systems' PC Surveillance Systems (PSS), an advance solution for
covert intelligence gathering.
Yehuda (Udi) Vered, General
Manager of Elbit Systems Land and C4I, noted: "We are
proud to be selected to supply this unique system, which is already
field-proven, fully operational and customizable. Elbit Systems is
a world leader in the fields of Intelligence Analysis and Cyber
Defense, with proven solutions highly suitable for countries,
armies and critical infrastructure sites. We hope that additional
customers will follow in selecting our highly advanced and cutting
edge systems in these fields as their preferred solution."
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
Tel: +972-4-8316663
j.gaspar@elbitsystems.com
Dalia Rosen, VP, Head of
Corporate Communications
Tel: +972-4-8316784
dalia.rosen@elbitsystems.com
Elbit Systems Ltd.
IR Contact:
Ehud Helft
Kenny Green
CCG Investor Relations
Tel: +1-646-201-9246
e-mail: elbitsystems@ccgisrael.com
SOURCE Elbit Systems Ltd