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  November 16, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

  Contracts for November 15, 2021

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  October 9, 2019 | International, Aerospace

  Elbit Systems Awarded $153 Million Contract to Provide a Networked Multi-Layered UAS Array to an Army in Southeast Asia

  HAIFA, Israel, October 6, 2019 /PRNewswire/ - Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at approximately $153 million to supply an Army of a country in Southeast Asia with a comprehensive, multi-layered array of Unmanned Aircraft Systems (UAS). The contract will be performed over a 22-month period. Under the contract, Elbit Systems will supply a networked multi-layered UAS solution, including more than a thousand THOR Multi-Rotor Vertical Takeoff and Landing (VTOL) mini-UAS, scores of Skylark LEX, Skylark 3 and Hermes 450 tactical UAS as well as Universal Ground Control Stations. Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "This contract award underlines our competitive edge as armies increasingly view multi-layered UAS solutions as key to providing superior intelligence while maintaining a high level of operational flexibility." 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, follow us on Twitter or visit our official Youtube Channel. Company Contact: Joseph Gaspar, Executive VP & CFO Tel: +972-4-8316663 j.gaspar@elbitsystems.com Rami Myerson, Director, Investor Relations Tel: +972-77-2946403 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 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. View original content:http://www.prnewswire.com/news-releases/elbit-systems-awarded-153-million-contract-to-provide-a-networked-multi-layered-uas-array-to-an-army-in-southeast-asia-300932680.html SOURCE Elbit Systems Ltd

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  January 11, 2019 | International, Aerospace

  UK F-35s Clear IOC For Land-Based Ops; UK Spending Big on Defense

  By PAUL MCLEARY WASHINGTON: The UK is ready to start deploying the first batch of its new F-35 fighter overseas the country's top defense official said Thursday, while introducing a slew of new cruise and attack missiles for its Typhoon jets. The announcement of Initial Operational Capability (IOC) for nine F-35Bs comes weeks after the Royal Navy performed its first F-35 landings aboard the new Queen Elizabeth-class of aircraft carrier, built specifically to accommodate the F-35B. The head of Lockheed Martin UK, Peter Ruddock, noted that the IOC pertains to “land-based aircraft.” That seems sensible given that Joint Strike Fighter operations from the carrier just began. But questions surround the overall health of the UK's military, as it embarks on an expansive modernization program that is facing brisk headwinds in the form of an uncertain withdrawal from the European Union and looming budget shortfalls in the coming years. On Thursday however, Defence Secretary Gavin Williamson stood in front of a hangar full of F-35s and Typhoons at the RAF Marham air base, which has just undergone a major facelift to accommodate the F-35 — including new runways and a training center — to declare a new era in UK power projection. “The incredible F-35 jets are ready for operations, a transformed Typhoon has the power to dominate the skies into the 2040s and we continue to look even further into an ambitious future,” he said. “The RAF has long shown Britain at its great and global best, and today it lifts our nation to even greater heights.” Alongside the F-35 were Typhoon jets, soon to be equipped with a slew of new capabilities developed under the three-year, $540 million Project Centurion. Chief among them is the Storm Shadow air-to-ground cruise missile which boasts a range of 350 miles, the precision guided air-to-air Meteor missile with a 62-mile range, and the air-to-ground Brimstone precision attack missile. All of the missiles are made by Paris-based defense firm MBDA, a joint venture between European defense leaders Airbus, BAE Systems, and Leonardo. Air Marshal Sir Stephen Hillier, chief of the Air Staff, added: “The successful integration of Storm Shadow, Brimstone and Meteor on Typhoon completes and enhances the transition of world-class capabilities” from the retiring Tornado jets, which will “offer a step-change in our ability to employ air power around the world.” After the HMS Queen Elizabeth makes its first deployment in 2021, it will be followed two years later by the HMS Prince of Wales, bringing to a close a gap in carrier capability that Britain has experienced since retirement of the Invincible and Ark Royal. Royal Navy officials have said they're eager to get back into carrier operations, which will allow the UK to project power with fifth generation aircraft across the Middle East, Pacific, and in the Arctic, which is emerging as a major flash point as Russia and China rush to push assets north. The deployments will come as a welcome relief for the US Navy, which is struggling with maintenance on its own 11-carrier fleet. The American ships have been strained over the past 17 years of war in the Middle East and growing tensions with China in the Pacific. But the uncertainties over Brexit hangs over all of these plans. “Our nation is moving into a new era outside the EU, and our huge achievements in air capability make our commitment to a role on the world stage clear to both our allies and our enemies,” Williamson said. The UK's Director for Strategic Planning Will Jessett told reporters in Washington earlier this week that the MoD's ability to pump money into new defense programs will be affected by any deal reached between Britain and the rest of Europe, since their defense industries are intertwined. “Amongst the reasons we started to face this affordability delta in 2017 were because exchange rates did fall, relative to where they were in 2015,” he said. If we get a [Brexit] deal that's OK, I can imagine, personally, exchange rates not just stabilizing but somewhat improving. If not, it is by definition going to add further pressure into this.” He hastened to add, however, “that's not what we're planning for at the moment.” In November, the UK's National Audit Office estimated that the Ministry of Defense's defense plans will exceed allocated budgets by an average of 3.7 percent over the coming decade, which would lead to shortfalls of between $8 billion and $18 billion over that timeframe. https://breakingdefense.com/2019/01/uk-f-35s-clear-ioc-for-land-based-ops-uk-spending-big-on-defense