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  2 décembre 2020 | International, Aérospatial

  Elbit Systems Awarded $96 Million Contract to Supply a Rotary-Wing Mission Training Center to a European Country

  Haifa, Israel, November 29, 2020 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or “the Company”) announced today that it was awarded a contract valued at approximately $96 million to supply a European country with a Rotary-Wing Mission Training Center (“Rotary-Wing MTC”) and support services to train its Air Force, Army and Navy helicopter pilots and crews. The contract will be performed over a nine-year period, with an option to extend the maintenance services for an additional 10-year period. The Rotary-Wing MTC is a networked multi-platform, mission-oriented, helicopter training center that will provide multi-level training for helicopter pilots and aircrews across the customer's Armed Forces. The new training center will enable realistic simulated tactical training using all of the helicopter's systems in a wide variety of mission scenarios. The Rotary-Wing MTC draws on the unique technologies and accumulated operational experience of the Company's fighter aircraft tactical mission training centers. Yoram Shmuely, General Manager of Elbit Systems' Aerospace Division commented: “This contract highlights the growing importance that Armed Forces place on leveraging proven technologies to enhance readiness while reducing costs.” 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, 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. Contacts: 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, Brand & 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 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; changes in global health and macro-economic conditions; 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. View source version on Elbit Systems: https://elbitsystems.com/pr-new/elbit-systems-awarded-96-million-contract-to-supply-a-rotary-wing-mission-training-center-to-a-european-country/?pageid=PR%20-20%20News

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  3 avril 2020 | International, Aérospatial

  Boeing to temporarily suspend Philadelphia area operations

  Boeing is temporarily suspending production operations at its facilities in Ridley Township, Penn., in light of the company's continuous assessment of the spread of COVID-19 in the region. This action is intended to ensure the well-being of employees, their families and local communities, and will include an orderly shutdown consistent with requirements of U.S. and global defence customers. Boeing will suspend operations beginning at the end of day on Friday, April 3. The site includes manufacturing and production facilities for military rotorcraft, including the H-47 Chinook, V-22 Osprey and MH-139A Grey Wolf. Defence and commercial services work and engineering design activities are also performed at the site. The suspension of operations will last two weeks, with return to work on April 20. During the suspension, Boeing will continue to monitor government guidance and actions on COVID-19 and associated impacts on company operations. The company will conduct additional deep cleaning activities at buildings across the site and establish rigorous criteria for return to work. “Suspending operations at our vital military rotorcraft facilities is a serious step, but a necessary one for the health and safety of our employees and their communities,” said Steve Parker, Vertical Lift vice-president and general manager, and Philadelphia site senior executive. “We're working closely with government and public health officials in the tri-state region. We're also in contact with our customers, suppliers and other stakeholders affected by this temporary suspension as we assist in the national effort to combat the spread of COVID-19.” Philadelphia area employees who can work from home will continue to do so. Those who cannot work remotely will receive paid leave for the 10 working days – double the normal company policy. When the suspension is lifted, Boeing Philadelphia will restart production in an orderly manner with a focus on safety, quality and meeting customer commitments. This is a key step to enabling the recovery of the defence and aerospace sectors. https://www.skiesmag.com/press-releases/boeing-to-temporarily-suspend-philadelphia-area-operations

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  20 août 2019 | International, Aérospatial

  Saab Signs Contract to provide Belgium with a Combat Training Centre

  19 August 2019 - Saab has signed a supply contract with the Belgian MoD for the deliveries of training systems to the Belgian Army. The order value is approximately SEK 160 million and deliveries will take place in 2021. The contract includes providing a complete training centre with infantry simulators, anti-tank simulators, vehicle systems and communication systems for controlling, monitoring and collecting training data to enable detailed analysis of exercises. The support contract will be negotiated separately later on. One of the requirements was interoperability with NATO, and with Saab's training system Belgium will be capable of participating in multinational exercises. “This means Belgium will share the same standards as members in the Interoperability User Community (IUC). They can therefore take part in multinational exercises together with, among others, the Netherlands, Poland, Germany, Austria, Sweden, Norway, Finland, the UK and the US 7thArmy,” says Åsa Thegström, head of the business unit Training & Simulation within Saab's business area Dynamics. “The Belgian Army has used our training systems for the last four years and have clearly seen the benefits of realistic training. This order strengthens our position as one of the world's leading suppliers of solutions for combat training,” says Henrik Vassallo, head of the country unit France & Benelux within Saab's market area Europe. The business unit Training & Simulation develops, manufactures and markets advanced military training equipment, such as laser simulator systems, instrumented training systems and target equipment. It also provides service and maintenance for delivered systems. https://saabgroup.com/media/news-press/news/2019-08/saab-signs-contract-to-provide-belgium-with-a-combat-training-centre/