Elbit Systems Awarded Contract Worth Approximately $100 Million to Supply Intelligence and EW Aircraft to an International Customer
Haifa, Israel, April 18, 2023 – Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded a follow-on contract worth approximately $100 million to convert commercial aircraft into Intelligence and Electronic Warfare (EW) aircraft for an international customer. The contract will be performed over a period of three years.
As part of the contract, Elbit Systems will equip the aircraft with advanced Intelligence Mission Suite and EW capabilities. This solution will provide a comprehensive operational picture of the arena generated by SIGINT and Electro-Optics VISINT sensors and systems as well as the capability to activate Electronic Counter Measures against a range of threats. The aircraft will also be equipped with Immune Satellite Navigation Systems (ISNS) and an advanced self-protection solution.
Using electronic warfare systems, targeted electronic attacks can be launched to disrupt and block a wide variety of Communication and Radar threats and enable the aircraft SIGINT operator’s full spectrum control.
Oren Sabag, General Manager of Elbit Systems ISTAR & EW: “This contract highlights our market-leading broad portfolio of ISTAR and EW capabilities and our ability to provide integrated solutions adapted to the customers’ needs. This airborne ISR and EW solution is relevant for today’s defense needs and designed to be “future ready” and adaptable to the fast-evolving operational requirements of our customers.”
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.
Company Contact:
Joseph Gaspar, Senior EVP – Business Management
Tel: +972-77-2948661
j.gaspar@elbitsystems.com
Dr. Yaacov (Kobi) Kagan, EVP & Chief Financial Officer
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com
Rami Myerson, Director, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com
Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com
IR Contact:
Ehud Helft
Kenny Green
GK Investor Relations
Tel: 1-646-201-9246
elbitsystems@gkir.com
