Lockheed Martin’s Q2 sees sales surge amidst defence demands

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  11 mars 2020 | International, Aérospatial

  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

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  19 août 2019 | International, Naval

  Lockheed nets $80M contract for Aegis system upgrades

  By Ed Adamczyk Aug. 16 (UPI) -- Lockheed Martin received an $80 million contract from the U.S. Navy for electronic equipment upgrades to the Aegis missile system, the Pentagon announced. The new contract modification, announced Thursday by the Department of Defense, calls for Lockheed Martin's Rotary and Mission Systems division to cover the production, test and delivery of multi-mission signal processor equipment sets, electronic equipment fluid coolers, AEGIS Weapon System AMOD [Aegis Modernization] upgrade equipment and Kill Assessment System equipment and spare parts. The deal calls for the Navy to underwrite 78.1 percent of the expenses, with Australia and Japan, where some of the equipment is located, to pay for 21.9 percent. The Aegis Combat System is an integrated naval weapons system using radar and computer technology to track and guide weapons in destroying enemy targets. The project was started by the U.S. Navy in 1964 to defend ships from missile threats, and with constant upgrades is now a feature on over 100 U.S. and NATO ships, as well as those of Australia, Norway and South Korea. It is also an integral part of NATO's European missile defense system. In July, Lockheed Martin was awarded a $22.5 million modification to a prior contract for integration and delivery of the Aegis Baseline 9 weapons system. It called for the modernization of existing U.S. Navy systems using open architecture principles and software upgrades to increase the lethality of the surface Navy. Through the improvements, newer and more powerful missiles can be fired from ships, and the use of the latest Aegis weapons systems capabilities can be used against air and missile threats, the Navy said. Work on the contract is expected to be finished by 2023. https://www.upi.com/Defense-News/2019/08/16/Lockheed-nets-80M-contract-for-Aegis-system-upgrades/6591565971398/

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  26 avril 2021 | International, Aérospatial

  Boeing Delivers Next F-15EX Ahead of Schedule

  The result of a collaboration across industry, the U.S. Air Force and the Air National Guard, the F-15EX is a ready-now replacement for the F-15C that includes best-in-class payload, range...