Elbit Systems Awarded a Contract to Provide Satellite-On-the-Move Systems to the IMOD

Elbit Systems Ltd. (NASDAQ: ESLT; TASE: ESLT) ( "Elbit Systems") has announced today that it was awarded a contract to provide the Israeli Ministry of Defense (IMOD) with dozens of satellite-on-the-move (SOTM) systems. The contract is in an amount that is not material to Elbit Systems and will be performed over a two-year period.

The ELSAT 2100 SOTM family of systems allows high data rate broadband capabilities to be available to land vehicles on the move. The systems can be installed on a variety of platforms and are unique in their small footprint and its advanced tracking capabilities, providing seamless communication even in difficult terrain. This solution allows on-the-move data communication anywhere, anytime, based on utilizing various communication satellites.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land and C4I Division, commented: "The SOTM contract is an important milestone in our military communication activity on the whole and in the satellite communication activity in particular. The Israeli Defense Forces is an innovative technologically advanced military, and I trust that additional customers will follow and select our systems. The modern battlefield requires very reliable capabilities of high rate data transfer anytime, anywhere, and our SOTM communication solution meets this requirement."

 

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