Elbit Systems Awarded a $100 million Contract to Supply Integrated Systems for
Homeland Security Applications
HAIFA, Israel, April 8, 2014
HAIFA, Israel, April 8, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and
TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract
in the Latin American region, in an amount of approximately $100 million, for
the supply of a Homeland Security (HLS) solution.
Under the contract, to be performed over an approximately one-year period,
Elbit Systems will supply also a new innovative intelligence gathering system,
considered to be a groundbreaking operational solution.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems commented: "We
are very proud of this contract award, demonstrating how the combination of a
range of in-house technologies creates a power multiplier for the benefit of
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, signal
intelligence ("SIGINT") systems, data links and 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,
including training and simulation systems.
For additional information, visit: www.elbitsystems.com or follow us on
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Elbit Systems Ltd.
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
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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
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appearing in this Press Release are the trademarks or service marks of Elbit
Systems Ltd. or its affiliated companies. All other brand, product, service,
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except as expressly granted herein.
SOURCE Elbit Systems Ltd.
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