HAIFA, Israel, May 10, 2017 /PRNewswire/ --
Elbit Systems Ltd. (NASDAQ:
ESLT and TASE: ESLT) ( "Elbit Systems") announced today
that it was awarded a contract from the Brazilian Marine Corps ("BMC") for the supply of advanced
C4ISR, Electronic Warfare (EW), radio and communication systems.
The contract, in an amount, of approximately $40 million, will be performed over a two-year
period.
The contract calls for the supply of cutting-edge technologies
and operational capabilities, including a variety of Battle
Management Systems (BMS) applications, C4I systems for artillery,
latest generation of Soldier C4I suit as well as advanced EW
capabilities. The systems will be deployed in fixed and deployed
command centers and in vehicles/APCs and dismounted configurations,
aiming to significantly enhance Marine Forces' operational
effectiveness, and aligning the BMC with the most modern NCW
(Network Centric Warfare) concept.
Yehuda (Udi) Vered, General
Manager of Elbit Systems Land & C4I Division, said: "We are
proud of this important modernization contract, providing the BMC -
an important branch in the Brazilian Armed Forces - with major core
systems. Elbit Systems is a global leader in the fields of C4ISR,
EW, radio and communications, and our systems are based on decades
of operational use, combat proven by many customers worldwide. I
trust that this unique solution will lead to other projects with
the BMC, as well as with other customers."
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: 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.
Contacts:
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
Gavriel Frohwein
GK Investor Relations
Tel: +1-646-688-3559
elbitsystems@gkir.com
SOURCE Elbit Systems Ltd