HAIFA, Israel, April 1, 2015 /PRNewswire/ --
Elbit Systems Ltd. (NASDAQ and TASE:ESLT) ("Elbit
Systems") announced today that its wholly-owned U.S. subsidiary,
Elbit Systems of America, LLC, ("Elbit Systems of America") was
awarded a contract from Science Applications International
Corporation (SAIC) to install, integrate and support flight
evaluations of the Elbit Color Helmet Display and Tracking System
(CHDTS) on MH-60S Seahawk test aircraft for the U.S. Navy. The
contract value, which is in an amount that is not material to Elbit
Systems, will be performed over one year.
The program is part of the U.S. Navy's MH-60 Sierra's Improved
Targeting System for the Seahawks' Armed Helicopter Weapon
Kits. The CHDTS will provide the pilots with both night and
day capability to see color flight instrument symbols on their
helmet mounted display (HMD) modules. Additionally, the line of
sight tracking system enables the pilots to interact with the
flight navigation system, improves pilot and copilot situational
awareness and can also be used to control pilot or copilot slewable
sensor systems. The system also presents a continuously calculated
weapon impact symbol for the pilot display, thus increasing system
accuracy in the employment of installed weapon systems.
"We are pleased to provide U.S. naval aviators the CHDTS for
their aircraft," commented Raanan
Horowitz, president and chief executive officer of Elbit
Systems of America. "The CHDTS will provide the pilots with
improved situational awareness through enhanced optics and
symbology displayed directly on their HMDs, allowing the pilots to
keep their eyes up and out."
About Elbit Systems
Elbit Systems Ltd. is an international high technology company
engaged in a wide range of defense, homeland security and
commercial 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, advanced
electro-optics, electro-optic space systems, EW suites, signal
intelligence systems, data links and communications systems and
radios. The Company also focuses on the upgrading of existing
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: http://www.elbitsystems.com
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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.
Elbit Systems Ltd., its logo, brand, product, service and
process names appearing in this Press Release are the trademarks or
service marks of Elbit Systems Ltd. or its affiliated companies.
All other brand, product, service and process names appearing
are the trademarks of their respective holders. Reference to
or use of a product, service or process other than those of Elbit
Systems Ltd. does not imply recommendation, approval, affiliation
or sponsorship of that product, service or process by Elbit Systems
Ltd. Nothing contained herein shall be construed as conferring by
implication, estoppel or otherwise any license or right under any
patent, copyright, trademark or other intellectual property right
of Elbit Systems Ltd. or any third party, except as expressly
granted herein.
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
GK Investor Relations
Tel: +1-646-201-9246
elbitsystems@gkir.com
SOURCE Elbit Systems Ltd