Elbit Systems Awarded $167 Million Contract to Supply a UAS-based ISTAR Solution to an Asia-Pacific Country

November 14, 2018 at 2:36 AM EST
Elbit Systems Awarded $167 Million Contract to Supply a UAS-based ISTAR Solution to an Asia-Pacific Country

HAIFA, Israel, November 14, 2018 /PRNewswire/ --  PDF version.

Elbit Systems Ltd. (NASDAQ:ESLT) (TASE: ESLT) ("Elbit Systems") announced today, that it was awarded a $167 million contract from an Asia-Pacific country to supply a comprehensive aerial Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) solution. The contract will be performed over a 20-month period.

Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "We are witnessing a growing demand for the comprehensive UAS-based ISTAR solutions that we offer as customers increasingly seek wider capabilities in order to effectively and efficiently respond to a broadening range of operational needs. I am optimistic about our growth potential in this area as our extensive portfolio is uniquely aligned with this developing trend."

 

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported as of September 30, 2024 approximately $1.7 billion in revenues and an order backlog of approximately $22.1 billion.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.

Company Contact: 

Dr. Yaacov (Kobi) Kagan, ExecutiveVP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Daniella L. Finn, VP Investor Relations
Tel: +972 54 4262636
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com