An international investor, from the automotive industry, will invest 16 million euros in exchange for 20% of the new company's shares and will grant the new company rights in several of its energy related technologies
Elbit Systems Ltd. announced today that it was awarded contracts from a European country, for the supply of advanced tactical communications systems, for a total amount of an approximately $40 million. The contracts will be performed over a one-year period.
The Communication systems include the CNR9000HDR tactical IP radio for medium and long-range communication, THF 8000 for over the horizon very long-range communication, both in vehicular and man pack configurations, and the PNR-1000 soldier IP radio from Elbit systems new E-Lynx family of mobile networking radios. Additionally, Elbit Systems will provide Digital Intercom Systems for combat vehicles based on the VIC500I.
The provided communication systems allow tactical dominance, better situational awareness and groundbreaking interoperability between combat vehicles and dismounted soldiers. The abovementioned systems allow voice, data and video communications in various scenarios.
Yehuda (Udi) Vered, General Manager of Elbit Systems Land & C4I Division, commented: "We are proud to be awarded important contracts from a European customer, for the supply of advanced communication systems which are based on decades of experience and proven radio products and technologies".