Back to news

March 11, 2020 | International, Aerospace

Elbit Systems U.S. Subsidiary Awarded a Contract by the U.S. Air Force to Supply Missile Warning Systems

Haifa, Israel, March 9, 2020 /PRNewswire/ - Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC. ("Elbit Systems of America"), a firm-fixed-price contract with a ceiling of approximately $471 million over a 10-year period, to equip F-16 aircraft of the U.S. Air National Guard and Air Force Reserve Command, with pylon-based infrared missile warning systems. The contract includes an initial order valued at approximately $17 million. The work will be performed in Fort Worth, Texas.

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 and 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.

This press release may contain forward?looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. 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, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business. 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; changes in the competitive environment; 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. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. 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.

Contacts:

Company Contact:
Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663
j.gaspar@elbitsystems.com

Rami Myerson, Director, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com

David Vaaknin, VP, Head of Corporate Communications
Tel: +972-77-2946691
david.vaaknin@elbitsystems.com

IR Contact:
Ehud Helft
Gavriel Frohwein
GK Investor Relations
Tel: +1-646-688-3559
elbitsystems@gkir.com

View original content:http://www.prnewswire.com/news-releases/elbit-systems-us-subsidiary-awarded-a-contract-by-the-us-air-force-to-supply-missile-warning-systems-301019529.html

On the same subject

  • New NATO hub will gather the Alliance's cyber defenders

    February 13, 2019 | International, C4ISR, Security

    New NATO hub will gather the Alliance's cyber defenders

    Cyber defenders from across the Alliance have a new community where they can exchange information, share best practices and work together in an encrypted workspace with secure video, voice, chat and information gathering capabilities. The community was launched today (12 February 2019) by the NATO Communications and Information Agency (NCIA). Computer emergency response teams from five countries are already connected to NATO's protected business network: Belgium, France, Netherlands, United Kingdom, and United States. Access to the network will roll out to all 29 Nations later this year. The launch of the cyber defenders' community is the first step toward the creation of an information hub for Allies, called the Cyber Security Collaboration Hub. This initiative was announced last year by NATO Secretary General Jens Stoltenberg, who said that one of NATO's key roles in cyber space is “to act as a hub for information sharing, training and expertise”. The future hub will not require additional funds or staff, or changes in policy. The collaboration is facilitated through existing Memorandums of Understanding with NATO Nations. https://www.nato.int/cps/en/natohq/news_163358.htm?selectedLocale=en

  • Sizing Up The U.S. Air Force’s Adversary Aircraft Fleet

    November 29, 2019 | International, Aerospace

    Sizing Up The U.S. Air Force’s Adversary Aircraft Fleet

    The U.S. Air Force has awarded contracts to seven companies that will provide advanced adversary and close air support threat services. The contracts—worth up to $6.4 billion over the next five years—have gone to Air USA Inc., Airborne Tactical Advantage Co., Blue Air Training, Coastal Defense, Draken International, Tactical Air Support and Top Aces Corp. Here is a look at the private fleets of aircraft from around the world that these companies will use to help alleviate the U.S. Air Force's pilot shortage. https://aviationweek.com/combat-aircraft/sizing-us-air-force-s-adversary-aircraft-fleet

  • General Dynamics Land Systems Awarded $323 Million by U.S. Army for Additional M10 Booker Combat Vehicles

    August 25, 2024 | International, Land

    General Dynamics Land Systems Awarded $323 Million by U.S. Army for Additional M10 Booker Combat Vehicles

    Sterling Heights, Mich. – August 22, 2024 - The U.S. Army has awarded General Dynamics Land Systems a $322.7 million contract for continued low-rate initial production (LRIP) of the M10...

All news