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  December 18, 2019 | International, Land, C4ISR

  Elbit Systems Awarded $35 Million to Equip Montenegro’s 4X4 Vehicles with Remote Control Weapon Stations

  Haifa, Israel, December 16, 2019 – Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) ("Elbit Systems") announced today that following a contract signed between the Israeli Ministry of Defense and the Ministry of Defense of Montenegro, it was awarded approximately $35 million to supply the Montenegrin Armed Forces with Remote Controlled Weapon Stations (“RCWS”) for the new Oshkosh Defense (“Oshkosh”) 4X4 Joint Light Tactical Vehicles (“JLTV”). In this contract Elbit Systems will perform full integration of the RCWS onboard, the JLTV over a three-year period and will provide logistic support for a seven-year period. Elbit Systems 12.7mm RCWS is lightweight, low silhouette, dual axis and stabilized, mounted externally onboard armored vehicles. The RCWS offers accurate firing on-the-move and is operated via handles and Smart Displays by the gunner from within the vehicle, providing full protection for the vehicles' crew who are safely located inside. Yehuda (Udi) Vered, General Manager of Elbit Systems Land, commented: “We are very proud to introduce our RCWS to Montenegro's Armed Forces. This recent award further expands our NATO customer base and strengthens our growing cooperation with Oshkosh. We are witnessing a growing demand worldwide for our RCWS, of which many hundreds are already operational onboard a range of land and naval platforms, and we trust that further customers will follow in acquiring our advanced and mature weapon stations”. 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: [elbitsystems.com]elbitsystems.com, follow us on Twitter or visit our official Youtube Channel. 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. Visit our Press Relations website for background materials and information regarding Elbit Systems fields of activity. David Vaaknin Vice President, Head of Corporate Communications Tel: 972-77-2946691 Cell: 972-52-8000403 E-Mail: david.vaaknin@elbitsystems.com Dana Tal-Noyman Manager International Corporate Communications Tel: 972-77-294-8809 Cell: 972-54-9998809 E-Mail: dana.tal@elbitsystems.com https://www.epicos.com/article/521991/elbit-systems-awarded-35-million-equip-montenegros-4x4-vehicles-remote-control-weapon

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  November 17, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

  Contract Awards by US Department of Defense - November 16, 2020

  NAVY General Dynamics Electric Boat Corp., Groton, Connecticut, is awarded a $9,473,511,245 cost-plus-incentive-fee modification to previously awarded contract N00024-17-C-2117. The contract modification exercises an option for construction and test of the lead and second ships of the Columbia class SSBN 826 and SSBN 827, as well as associated design and engineering support. This modification to the integrated product and process development (IPPD) contract supports the fiscal 2021 construction start of the lead ship (SSBN 826) and advance procurement, advance construction, coordinated material buys and full construction of the follow hull (SSBN 827) in fiscal 2024. Work will be performed in Groton, Connecticut (36%); Newport News, Virginia (25%); Quonset Point, Rhode Island (17%); with other efforts performed at various sites throughout the U.S. (each less than 1%) (22%), and is expected to be completed by April 2030. Efforts within the ship include the Common Missile Compartment which is a joint U.S./United Kingdom effort. Fiscal 2021 National Sea-Based Deterrence Fund (NSBDF) funding in the amount of $545,186,307 (96%); and fiscal 2020 NSBDF funding in the amount of $19,936,251 (4%) will be obligated at the time of award and will not expire at the end of the current fiscal year. This action leverages the acquisition authorities contained in 10 U.S. Code §2218a, NSBDF. The Naval Sea Systems Command, Washington, D.C., is the contracting activity. Raytheon Co., Tewksbury, Massachusetts, was awarded a $94,039,953 cost-plus-incentive-fee, cost-plus-fixed-fee and cost-only modification to previously awarded contract N00024-17-C-5145 to exercise options and realign funding for DDG 1000 ship class integrated logistics support and engineering services. Work will be performed in Portsmouth, Rhode Island (41%); Tewksbury, Massachusetts (36%); Los Angeles, California (8%); San Diego, California (5%); Ft. Wayne, Indiana (4%); Marlboro, Massachusetts (4%); Bath, Maine (1%); and Nashua, New Hampshire (1%), and is expected to be completed by October 2021. Fiscal 2021 operation and maintenance (Navy) funding in the amount of $10,980,000 was obligated at the time of award and will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity. (Awarded Nov. 2, 2020) The Boeing Co., Seattle, Washington, is awarded a $14,181,537 modification (P00009) to firm-fixed-price order (2017) against previously issued basic ordering agreement N00019-16-G-0001. This modification exercises options for production, delivery and installation of 24 P-8A Poseidon Increment III Block I retrofit kits for the Navy. Work will be performed in Seattle, Washington (98.7%); and Mesa, Arizona (1.3%), and is expected to be completed in November 2022. Fiscal 2021 aircraft procurement (Navy) funds for $14,181,537 will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. Progeny Systems Corp., Manassas, Virginia, is awarded a $9,428,513 cost-plus-fixed-fee and cost-reimbursable modification to previously awarded contract N00024-19-C-6267 to exercise options for engineering services. Work will be performed in Manassas, Virginia, and is expected to be completed in December 2021. Fiscal 2020 shipbuilding and conversion (Navy) (88%); and fiscal 2021 research, development, test and evaluation (Navy) (12%) funding in the amount of $3,900,000 will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity. AIR FORCE Lockheed Martin Corp., Fort Worth, Texas, has been awarded a $53,190,386 hybrid cost-plus-fixed-fee and firm-fixed-price modification (P00067) to contract FA8615-12-C-6016 for miscellaneous support for 50 retrofit aircraft to the Taiwan F-16 Peace Phoenix Rising program. This modification provides for contractor over and above support and acquisition of legacy aircraft hardware and equipment. Work will be performed in Fort Worth, Texas; and Taiwan, and is expected to be completed Dec. 31, 2023. Foreign Military Sales funds in the full amount are being obligated at the time of award. The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity. CORRECTION: The contract awarded on Oct. 30, 2020, to BAE Systems Technology Solutions & Services Inc., Rockville, Maryland, for $13,365,920, listed the incorrect contract number. The correct contract number is FA8720-21-F-0042. DEFENSE LOGISTICS AGENCY Outdoor Venture Corp.,** Stearns, Kentucky, has been awarded a maximum $37,464,448 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the Modular General Purpose Tent System and components. This was a competitive acquisition with two responses received. This is a one-year base contract with four one-year option periods. Location of performance is Kentucky, with a Nov. 4, 2021, ordering period end date. Using military services are Army, Navy, Air Force and Marine Corps. Type of appropriation is fiscal 2021 through 2022 defense working capital funds. The contracting agency is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania (SPE1C1-21-D-1404). *Small business **Small business in historically underutilized business zones https://www.defense.gov/Newsroom/Contracts/Contract/Article/2416815/source/GovDelivery/

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  February 28, 2024 | International, Aerospace

  Missile warning payload delay could push back 2025 launch plans

  The late payload is being developed by RTX and will be integrated onto a Lockheed Martin satellite.