Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,501.65 -12.72 -0.08%
S&P 500 1,875.39 -4.16 -0.22%
NASDAQ 4,126.97 -34.49 -0.83%
Ticker Volume Price Price Delta
STOXX 50 3,175.97 -23.72 -0.74%
FTSE 100 6,674.74 -7.02 -0.11%
DAX 9,544.19 -55.90 -0.58%
Ticker Volume Price Price Delta
NIKKEI 14,530.16 -16.11 -0.11%
TOPIX 1,171.72 -2.09 -0.18%
HANG SENG 22,507.87 -1.77 -0.01%

Elbit Systems of America Awarded a $44.8 Million United States Marine Corps Contract for the Ongoing Depot Level Service and



 Elbit Systems of America Awarded a $44.8 Million United States Marine Corps
 Contract for the Ongoing Depot Level Service and Support of the AH-1W Super
               Cobra Helicopter's Night Targeting System (NTS)

PR Newswire

FORT WORTH, Texas, September 25, 2013

FORT WORTH, Texas, September 25, 2013 /PRNewswire/ --

Elbit Systems of America, LLC, a wholly-owned subsidiary of Elbit Systems
Ltd., has been awarded a $44.8M Indefinite Delivery/Indefinite Quantity (IDIQ)
contract for the ongoing depot level service and support of the US Marine
Corps AH-1W Super Cobra Helicopter's Night Targeting System (NTS). Elbit
Systems of America's Merrimack facility received the contract for services and
support to be performed over the next five years. Separate delivery orders
will be issued to satisfy each year's requirements of the nine weapons
replaceable assemblies (WRA) that make up the NTS.

"The award is representative of more than 20 years of successful performance
and customer satisfaction on both the NTS and successor NTS Upgrade (NTSU)
programs," stated Elbit Systems of America President and CEO Raanan Horowitz.
"Our mission is to provide systems and services that protect and save lives.
We look forward to the opportunity to provide rapid, quality support for our
men and women in uniform."

The Elbit Systems of America Merrimack facility was initially designated as
the repair depot in 1992.  It has provided continuous product support for NTS
WRAs returned from each worldwide deployment location, supporting high levels
of availability and turn-around time. To best support the USMC fleet readiness
and operational capability, the NTS product support team continues to provide
regular meetings with the fleet, on-call squadron level support, and training
of customer technicians.

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
the United States, 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 and
TASE: ESLT), a global electronics company engaged in a wide range of programs
for innovative defense and commercial applications. For additional
information, visit: http://www.elbitsystems-us.com.

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 military and
commercial 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 the
United States and in foreign countries.  Copyright © 2013 Elbit Systems 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 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.

Contact: Shari Clarkson, +1-682-286-2363, sharon.clarkson@elbitsystems-us.com

SOURCE Elbit Systems of America
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement