Haifa, Israel, January 13, 2022 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or the "Company”) announced today that following a competitive tender process, its Swedish subsidiary, Elbit Systems Sweden AB. (“Elbit Systems Sweden”), was awarded a contract from the Swedish Defence Material Administration (“FMV”) to supply the Albatross Combat Management Systems (CMS) for the Royal Swedish Navy. The contract that is in an amount that is not material to Elbit Systems, will be performed over a period of 34 months.
Elbit Systems Sweden will supply the Albatross CMS for the Spårö Class Mine Countermeasures (MCM) Vessels of the Royal Swedish Navy. Albatross is a scalable open architecture CMS that is based on the Company’s E-CIX TM platform. Albatross CMS enables commanders and operators to receive a common operational picture correlating underwater detection and surface tracks, based on real-time data, live video streaming and imagery data, thereby expanding the operational envelop, increasing flexibility and enabling effective decision making during MCM missions.
Tobias Wennberg, General Manager of Elbit Systems Sweden, said: “We appreciate the trust placed by the Swedish Defense Material Administration and the Swedish Armed Forces in our solutions. Elbit Systems sees a growing demand for its naval portfolio, with this award joining recent contract awards from maritime customers across Europe and Asia Pacific.”