FORT WORTH, Texas, December 20, 2017 /PRNewswire/ --
M7 Aerospace, LLC, a wholly-owned
subsidiary of Elbit Systems of America, LLC (NASDAQ: ESLT) (TASE:
ESLT), was awarded a contract from DynCorp International to provide
Life Cycle Contractor Support (LCCS) for the U.S. Army's C-26 and
UC-35 aircraft fleet. The award is for a one year base period of up
to $25 million, and five single year
option periods. If all options are exercised, the total contract is
valued at up to $176 million.
Services will be managed in San Antonio,
Texas.
This contract reinforces the company's market position as a
leading provider of life-cycle support for aircraft and ground
platforms. The company offers a full range of reliable sustainment
and support solutions. These include contractor logistics support
(CLS), and engineering, maintenance, repair and overhaul services.
Elbit Systems of America has a 25-year history of providing support
to U.S. military customers. M7 Aerospace consistently earns
exceptionally high mission capable ratings on its CLS programs and
provides reporting and analysis for the Failure, Reporting,
Analysis, and Corrective Action System for the U.S Army C-12, C-26
and UC-35 aircraft fleet.
"Our company is a trusted, proven supplier of sustainment and
support solutions for many of our nation's aircraft and land
vehicles," said Raanan Horowitz,
president and CEO Elbit Systems of America. "We bring a commitment
to listen and work closely with our customers, and then deliver
exceptional turn-key logistics solutions to support their
missions."
M7 Aerospace and Elbit Systems of America will work closely with
their partner, DynCorp International, to provide LCCS services for
the C-26 and UC-35 aircraft. These include aircraft
modifications and upgrades, site and depot-level maintenance and
material management.
For a quarter of a century, employees of Elbit Systems of
America have been entrusted with performing high-quality work
knowing that it protects and saves lives. In addition to providing
value-added sustainment and support solutions, the company also
provides advanced capabilities for our nation's military, border
patrol agents and commercial pilots, as well as life-saving medical
instrumentation technologies.
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:
ESLT) (TASE: ESLT), a global high technology company engaged in a
wide range of programs for innovative defense and
commercial applications. For additional information, visit:
http://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: http://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 | 682-286-2363 I
sharon.clarkson@elbitsystems-us.com
SOURCE Elbit Systems of America, LLC