6 décembre 2019 | International, Naval

Lockheed Martin Continues Partnership With Spain For Future Frigates

Moorestown, N.J., Dec. 5, 2019 – Lockheed Martin (NYSE: LMT) recently signed a contract with Navantia to equip five new F-110 multimission frigates and their land-based test site (Centro de Integración de Sistemas en Tierra or CIST) – with Lockheed Martin's first naval installation of its solid state S-band radar. The new F-110 frigates will be built by Spain's national shipbuilder, Navantia.

Recently designated by the U.S. Government as AN/SPY-7(V)1, this technology is derived from current radar programs and significant Lockheed Martin investment. Variants of the SPY-7 radar will also be utilized on programs with Japan's Aegis Ashore, the Royal Canadian Navy for the Canadian Surface Combatant program and the U.S. Government.

Why Does It Matter?

Providing Spain's homeland with a defense for evolving threats, the F-110 program will further protect the country and its citizens. Equipped with the latest digital, solid-state radar technology, this crucial program:

Ensures Spain's warfighters have the most capable combat system to perform new missions.

Strengthens Spain's economy through industrial participation.

Advances Spain's competitiveness in the global market by providing an opportunity for joint technology development.

Paves the way for interoperability with navies across the world, thanks to Aegis' open architecture.

What's the Technology?

The F-110 will host the first-ever naval solid state S-band radar for the Spanish Navy. To foster the growth of Spain's defense and technology industries, Lockheed Martin and Spanish company, Indra, will jointly provide the radar. It will go to sea as part of the Aegis Weapon System, which will be integrated with the ship's combat management system SCOMBA, when the first frigate deploys in 2026.

The Aegis Weapon System is the most deployed combat system in the world, and its flexible system enables it to fulfill a variety of missions. Due in part to its unique open architecture design, the Aegis family continues to grow internationally as more nations around the world partner with Lockheed Martin.

What's the History?

Lockheed Martin and its Spanish partners have over 20 years of experience in development, production and integration of tactical naval radar systems. Spain's defense industry growth and expansion of their maritime defense portfolio is a mission Lockheed Martin continues to support.

In the exciting future that lies ahead, Lockheed Martin will continue to work with Spanish industry to explore new areas of industrial cooperation in radar and combat system technologies. This will help pave the way for future international sales of the F-110 frigate and new technologies, including the new S-band radar.

For more information about Lockheed Martin radars, visit www.lockheedmartin.com/en-us/capabilities/radar-sensors.html

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

View source version on Lockheed Martin: https://news.lockheedmartin.com/2019-12-05-Lockheed-Martin-Continues-Partnership-with-Spain-for-Future-Frigates

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    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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