Elbit Systems Awarded a $100 million Contract to Supply Integrated Systems for Homeland Security Applications

Elbit Systems Awarded a $100 million Contract to Supply Integrated Systems for
                        Homeland Security Applications

PR Newswire

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
the customer".

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
Twitter.

Contacts:

Company Contact:

                                                 IR Contact:

Joseph Gaspar, Executive VP & CFO                 

Tel: +972-4-8316663                              Ehud Helft

j.gaspar@elbitsystems.com                         Kenny Green

Dalia Rosen, VP, Head of Corporate Communications GK Investor Relations

Tel: +972-4-8316784                               Tel: 1-646-201-9246

dalia.rosen@elbitsystems.com                      elbitsystems@gkir.com

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
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.

Elbit Systems Ltd. , its logo, brand, product, service, and process names
appearing in this Press Release are the trademarks or service marks of Elbit
Systems Ltd. or its affiliated companies. All other brand, product, service,
and process names appearing are the trademarks of their respective holders.
Reference to or use of a product, service, or process other than those of
Elbit Systems Ltd. does not imply recommendation, approval, affiliation, or
sponsorship of that product, service, or process by Elbit Systems Ltd. Nothing
contained herein shall be construed as conferring by implication, estoppel, or
otherwise any license or right under any patent, copyright, trademark, or
other intellectual property right of Elbit Systems Ltd. or any third party,
except as expressly granted herein.

SOURCE Elbit Systems Ltd.

Website: http://www.elbitsystems.com
 
Press spacebar to pause and continue. Press esc to stop.