FORT WORTH, Texas, Oct. 7, 2020 /PRNewswire/ -- On behalf of the
United States Army, the Defense Logistics Agency has awarded Elbit
Systems of America a five-year firm-fixed price, indefinite
delivery/indefinite-quantity contract with a maximum value of
approximately $50 million for the
production of spare parts in support of the Aviators' Night Vision
Imaging System/Head-Up Display system (ANVIS HUD). An initial order
for $17.9 million was recently placed
under this contract to be supplied until 2023.
The ANVIS HUD is Elbit Systems of America's current day and
night display that connects to the helmets of Army helicopter
pilots. The system presents important information in front of the
pilot's eyes, such as altitude, speed and heading. The ANVIS HUD
allows the pilot's head to remain upright and looking out of the
aircraft, with all applicable information presented before their
eye, instead of looking down or inside the cockpit to view
information from various sensors.
"Provisioning ANVIS HUD spares ensures U.S. Army pilots always
have the equipment available to support aircraft readiness," said
Raanan Horowitz, President and CEO
of Elbit Systems of America. "Our company has a long history of
supplying the ANVIS HUD and we're dedicated to continuing to supply
these systems that aid performance, increase operator situational
awareness, and ultimately Warfighter safety."
Elbit Systems of America produces and sustains all of the U.S.
Army's helmet mounted displays in the UH-60, CH-47, and AH-64
fleets and recently won the Common Helmet Mounted Display program
to begin upgrading the display on select U.S. Army airframes. Using
these existing programs and investing in the future, we are focused
on improving mission effectiveness with increased aircrew
situational awareness. We understand our products remain key
components of U.S. Army Aviation modernization for both the
enduring fleet and the new Future Vertical Lift platforms.
More information on Elbit Systems of America's Airborne
Solutions is available at
http://www.elbitsystems-us.com/airborne.
About Elbit Systems of America, LLC
Elbit Systems of America, headquartered in Fort Worth, Texas, is a leading provider of
high-performance products, system solutions, and support services
focusing on the defense, homeland security, law enforcement,
commercial aviation, and medical instrumentation markets. With
facilities throughout the U.S., 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 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.ElbitAmerica.com or follow us on Twitter, LinkedIn and
Instagram.
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, 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:
https://elbitsystems.com/, follow us on Twitter or visit our
official Facebook, YouTube and LinkedIn Channels.
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 ©2020 Elbit
Systems of America. All rights reserved.
Forward Looking Statement
This press release may contain forward–looking statements
(within the meaning of Section 27A of the Securities Act of 1933,
as amended, Section 21E of the Securities Exchange Act of 1934, as
amended and the Israeli Securities Law, 1968) regarding Elbit
Systems Ltd. and/or its subsidiaries (collectively the Company), to
the extent such statements do not relate to historical or current
facts. Forward-looking statements are based on management's current
expectations, estimates, projections and assumptions about future
events. 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, uncertainties and
assumptions about the Company, which are difficult to predict,
including projections of the Company's future financial results,
its anticipated growth strategies and anticipated trends in its
business. 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; changes in global health and
macro-economic conditions; differences in anticipated and actual
program performance, including the ability to perform under
long-term fixed-price contracts; changes in the competitive
environment; 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. Although the Company
believes the expectations reflected in
the forward-looking statements contained herein are
reasonable, it cannot guarantee future results, level of activity,
performance or achievements. Moreover, neither the Company nor any
other person assumes responsibility for the accuracy and
completeness of any of these forward-looking statements.
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.
Media Contacts:
Greg Caires | 682-286-2299 |
greg.caires@elbitsystems-us.com
Amy Hartley I 682-286-2411 I
amy.hartley@elbitsystems-us.com
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SOURCE Elbit Systems of America, LLC