FORT WORTH, Texas, April 2, 2017 /PRNewswire/ -- Elbit Systems of
America, LLC, was awarded an Indefinite Delivery, Indefinite
Quantity (ID/IQ) contract for approximately $50 million by the U.S. Navy to provide the
Helmet Display and Tracker System (HDTS) with the Continuously
Computed Impact Point (CCIP) algorithm for the MH-60S. The work
will be performed in Fort Worth,
Texas, and completed by June
2021. An initial order of approximately $14.2 million was received.
This award represents the Navy's first production order for the
line-of-sight helmet tracking system, and the integration of
targeting symbology in the Armed Helicopter Weapon System (AHWS)
for the MH-60S fleet.
"Elbit Systems of America is strategically focused on delivering
capabilities that aircrews can trust to increase mission
effectiveness," said Raanan
Horowitz, president and chief executive officer of Elbit
Systems of America. "The HDTS and CCIP are prime examples of our
advanced display and targeting solutions that give aircrews a
decisive edge during critical missions."
The advanced technology of the helmet and processor provides
pilots and crews with line-of-sight tracking to improve interaction
with the flight navigation system, enhance pilot and co-pilot
situational awareness, and increase the accuracy of weapons
delivery. The HDTS systems includes day/night helmet mounted
displays that provide full color symbology. This allows pilots to
keep "heads-up, eyes out" while also seeing key flight information.
With the new systems, flight crews know exactly where the pilots
are looking and where they are pointing the weapons. In addition,
the advanced processor allows a weapon impact symbol to be
continuously displayed on the pilot's and crew's visors for
improved deployment accuracy.
To learn more, visit www.elbitsystems-us.com.
About Elbit Systems of America, LLC
Elbit Systems of
America is a leading provider of high performance products, system
solutions, and support services focusing on the defense, homeland
security, commercial aviation, 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 high
technology company engaged in a wide range of programs for
innovative defense and commercial applications. For
additional information, visit: www.elbitsystems-us.com or follow us
on Twitter.
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, radios
and cyber-based systems. The Company also focuses on the
upgrading of existing platforms, developing new technologies for
defense, homeland security and commercial 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.
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 © 2017 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.
Media Contacts:
Rod Gibbons | 817-234-6834|
rod.gibbons@elbitsystems-us.com
Shari Clarkson I 682-286-2363 I
sharon.clarkson@elbitsystems-us.com
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SOURCE Elbit Systems of America, LLC