HAIFA, Israel, June 26, 2019 /PRNewswire/
-- Elbit Systems Ltd. (NASDAQ: ESLT)
(TASE: ESLT) ("Elbit Systems") announced today that its
subsidiary in the U.S., Elbit Systems of America, LLC ("Elbit
Systems of America"), was awarded an approximately $26 million contract from the United States
Customs and Border Protection ("CBP") to install an Integrated
Fixed Towers ("IFT") system in the U.S. Border Patrol Casa Grande
Area of Responsibility ("AoR") in Arizona. The project will be performed over a
one-year period. To date, Elbit Systems of America has been awarded
a number of contracts from CBP to install IFT systems in numerous
AoR's covering a total of approximately 200 miles of the
Arizona–Mexico border.
The IFT system comprises a command and control center and a
networked multi-tower, multi-sensor system that continuously
monitors portions of the U.S. southern border. Information from the
towers is sent to the command and control center at a Border Patrol
Station providing agents with long-range, persistent surveillance
and situational awareness that allows them to dispatch an
appropriate response. This capability provides greater safety for
the agents patrolling the border in the Casa Grande AoR.
Ranaan Horowitz, Elbit Systems of America President and Chief Executive
Officer, said: "Elbit Systems of America is honored to have
been selected by the CBP and the Tohono O'odham Nation to provide a
solution to suit the needs of those living and working along the
border in the Casa Grande AoR. This project clearly demonstrates
our company's mission to provide innovative solutions that protect
and save lives."
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 and munitions. 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, 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
|
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SOURCE Elbit Systems Ltd.