HAIFA, Israel, March 2, 2014 /PRNewswire/ -- Elbit
Systems Ltd. (NASDAQ and TASE: "ESLT") announced today,
in response to press reports regarding the award to its U.S.
subsidiary of a $145 million contract
by the United States Department of Homeland Security Customs and
Border Protection (CBP) for the Integrated Fixed Tower project,
that the contract includes a base period quantity and options that
CBP may exercise over a multi-year period. Currently, CBP
awarded the base period quantity for a portion of the $145 million contract amount, to be implemented
over an approximately 12-month period.
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, signal intelligence
("SIGINT") systems, data links and 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, including training and
simulation systems.
For additional information, visit: www.elbitsystems.com or
follow us on Twitter.
Contacts:
Company
Contact:
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IR Contact:
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Joseph Gaspar, Executive VP &
CFO
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Ehud Helft
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Tel: +972-4-8316663
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Kenny Green
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j.gaspar@elbitsystems.com
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GK Investor Relations
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Dalia Rosen, VP, Head of Corporate
Communications
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Tel: 1-646-201-9246
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Tel: +972-4-8316784
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elbitsystems@gkir.com
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dalia.rosen@elbitsystems.com
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Elbit Systems Ltd.
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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.
SOURCE Elbit Systems