Elbit Systems Awarded $173 Million Contract to Supply Naval Weapon Stations to an Asia-Pacific Country

September 20, 2018 at 2:26 AM EDT
Elbit Systems Awarded $173 Million Contract to Supply Naval Weapon Stations to an Asia-Pacific Country

HAIFA, Israel, September 20, 2018 /PRNewswire/ -- PDF version. 

Elbit Systems Ltd. (NASDAQ: ESLT) and (TASE: ESLT) ("Elbit Systems" or "the Company") announced today that it was awarded an approximately $173 million contract to provide Naval Remote Controlled Weapon Stations (RCWS) to the Navy and Coast Guard of an Asia-Pacific country. The contract will be performed over a five-year period.

Under the contract, Elbit Systems will provide lightweight, fully stabilized dual-axis Naval RCWS to be installed onboard a wide range of vessels. The Naval RCWS to be provided feature a 12.7mm machine gun and ammunition, Elbit Systems' advanced fire control system and the Company's modular electro-optic suite.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land and C4I, commented: "We are pleased with this contract award that attests to the quality of our systems. I am confident that the demand for the weapon stations we offer will continue to grow, as customers increasingly recognize our unique capacity to draw on an exceptionally broad portfolio to provide comprehensive operational solutions."

 

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