HAIFA, Israel, April 20, 2021 /PRNewswire/ -- Elbit Systems Ltd.
(NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that
its U.S. subsidiary, Elbit Systems of America LLC, ("Elbit Systems
of America"), was awarded a delivery order valued at approximately
$41 million for the supply of night
vision systems and various spare components to the U.S. Marine
Corps. The order will be executed in Roanoke, Virginia and will be supplied through
March 2022.
This order is part of a $249
million five-year Squad Binocular Night Vision Goggles
Indefinite Delivery Indefinite Quantity (IDIQ) contract from
September 6, 2019, under which the
U.S. Marine Corps are supplied with Squad Binocular Night Vision
Goggle ("SBNVG") systems consisting of high-performance,
white phosphor image intensifier binoculars, modular uncooled
thermal imaging sensors and common external power supplies –
providing Marines improved mobility and situational awareness
during night operations.
Raanan Horowitz, President and
CEO of Elbit Systems of America, said, "Marines need to quickly
understand their surroundings and act to engage their targets – no
matter the light conditions – and Elbit Systems of America's SBNVG
provides this power in a lightweight, adjustable system that is an
ideal upgrade."
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: elbitsystems.com, follow us
on Twitter or visit our official Youtube Channel.
Company
Contact:
Joseph Gaspar,
Executive VP & CFO
Tel:
+972-4-8316663
j.gaspar@elbitsystems.com
Rami Myerson,
Director, Investor Relations
Tel:
+972-77-2948984
rami.myerson@elbitsystems.com
David Vaaknin,
VP, Head of Corporate Communications
Tel:
+972-77-2946691
david.vaaknin@elbitsystems.com
|
IR
Contact:
Ehud
Helft
Kenny
Green
GK Investor
Relations
Tel:
1-646-201-9246
elbitsystems@gkir.com
|
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.
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content:http://www.prnewswire.com/news-releases/elbit-systems-us-subsidiary-awarded-41-million-order-as-part-of-the-night-vision-goggles-idiq-contract-for-the-us-marine-corps-301272198.html
SOURCE Elbit Systems Ltd