Elbit Systems of America Awarded $45.5M ID/IQ Contract for Night Targeting System Upgrade for the AH-1W Cobra Helicopters
Elbit Systems of America, LLC, a wholly owned subsidiary of Elbit Systems
Ltd. was awarded a
contract from the Naval Surface Warfare Center, Crane Division,
Indiana
associated line items for the AH-1W Cobra helicopters. Work will be performed
in
five years.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300488 )
The NTSU system builds upon the legacy of the combat-proven Night
Targeting System (NTS). The improvements in the optics provide the warfighter
a significant increase in the ability to detect, recognize, identify and
prosecute targets at stand-off ranges in all weather and lighting conditions.
Improvements in design and removal of obsolete components results in
increased reliability and maintainability. Features include the ability to
fire TOW and Hellfire missiles, an advanced thermal sight and a high
performance color CCD camera.
Elbit Systems of America, President and CEO,
“Elbit Systems of America is pleased to provide this tactical targeting
ability to the USMC AH-1W team. The NTSU enables extended target acquisition,
recognition and engagement ranges and offers a critical and cost effective
increase in survivability to the warfighter.”
About Elbit Systems of America, LLC
Elbit Systems of America is a leading provider of high performance
products and system solutions focusing on the commercial aviation, defense,
homeland security, and medical instrumentation markets. With facilities
throughout
supporting those who contribute daily to the safety and security of
United States
Ltd. (NASDAQ and TASE: ESLT), a global electronics company engaged in a wide
range of programs for innovative defense and commercial applications.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company
engaged in a wide range of 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 (“UAS”), 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, developing new technologies for
defense, homeland security and commercial aviation applications and providing
a range of support services. For additional information, visit:
http://www.elbitsystems.com.
Trademarks
Elbit Systems of America and other trademarks, service marks and logos
are registered or unregistered marks of Elbit Systems of America companies in
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
United States
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.
Contact:
SOURCE Elbit Systems of America