HAIFA, Israel, December 19, 2017 /PRNewswire/ --
Elbit Systems Ltd. (NASDAQ:
ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced
today that it was awarded a follow-on $46
million contract to supply additional J-Music™ DIRCM (Direct
Infrared Countermeasures) self-protection systems to NATO, for its
Airbus A330 Multinational Multi-Role Tanker Transport Fleet ("MMF")
Program. The contract will be performed over a four-year
period.
Similar to several previous awards from global air forces and
other customers, Elbit Systems will equip NATO's Airbus A330
tankers with the J-Music DIRCM systems along with the Company's
Infra-Red-based Passive Airborne Warning Systems (PAWS IR).
Colonel Jan der Kinderen,
Chairman of the MMF Steering Group, highlighted: "The MMF users
are very pleased that the Multi Role Tanker Transport aircraft
(MRTTs) are going to be equipped with Elbit Systems' J-Music DIRCM
system. This will greatly add to the safety and operational
flexibility of the total fleet. It is also great to see how Airbus
and Elbit Systems work closely together to integrate the systems."
Peter DOHMEN, General Manager, NATO Support and
Procurement Agency (NSPA), said: "NSPA is pleased to award this
contract to Elbit Systems and provide important capability for
NATO"s A330 tanker fleet, which will allow the aircraft, crew and
passengers to operate more safely in hostile environments."
Elad Aharonson, General
Manager of Elbit Systems ISTAR Division,
commented: "This follow-on contract that extends the supply of
J-Music DIRCM and PAWS IR missile warning systems to NATO's MMF
program, attests to Elbit Systems' technological and operational
competitive advantage in addressing the intensifying threat of
shoulder-launched surface-to-air missiles."
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 ,
follow us on Twitter or visit our official Youtube Channel.
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
David Vaaknin, VP, Head of Corporate Communications
Tel: +972-77-2946691
david.vaaknin@elbitsystems.com
IR Contact:
Ehud Helft
Gavriel Frohwein
GK Investor Relations
Tel: 1-646-688-3559
elbitsystems@gkir.com
SOURCE Elbit Systems Ltd