Elbit Systems Awarded Israeli Ministry of Defense Contract Valued at $40 Million to Supply Skylark(R) I LE Mini-UAV
Posted on: Monday, 26 January 2009, 04:05 CST
(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )
The project is to be delivered over the next few years, subject to the IDF's requirements and procurement process.
Elbit Systems' Skylark(R) I LE was selected by the IDF following an extensive evaluation process, including operational ability to comply with the demanding requirements of the IDF, based on its extensive operational experience.
During its recent Operation "Cast Lead", the IDF used its already operational Skylark(R) mini-UAV family, in gathering vital intelligence and enhancing collaboration and connectivity between the different operating forces.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related 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 air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
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
SOURCE Elbit Systems Ltd
Source: PR Newswire
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